GigaDevice (Stock Code: 03986) projects a sharp turnaround for the six months ended 30 June 2026, driven by robust demand and firmer pricing in the memory-chip market.

The company’s finance department estimates net profit attributable to shareholders at about RMB 6.90 billion, up approximately RMB 6.32 billion year on year, representing a surge of around 1,099%. Profit after deducting non-recurring items is expected to reach roughly RMB 4.85 billion, an increase of RMB 4.31 billion, or 791%, from the same period in 2025.

Revenue for the period is forecast at around RMB 11.50 billion, up RMB 7.35 billion, or 177% year on year. For reference, GigaDevice reported H1 2025 net profit of RMB 0.58 billion, adjusted net profit of RMB 0.54 billion and basic earnings per share of RMB 0.87.

Management attributes the strong interim performance to:

• Memory chips: Tight industry supply conditions supported both shipment volumes and average selling prices, lifting profitability. • Micro-controller units (MCUs): Industrial, consumer and automotive demand delivered solid shipment growth. • Non-recurring items: Mark-to-market gains on the Group’s securities investments materially boosted reported earnings.

Risk factors highlighted include the cyclical nature of the memory-chip industry, which could impact future earnings, and potential volatility in fair-value gains from securities investments.

The figures are based on preliminary internal calculations and remain subject to auditor review; detailed results will be disclosed in GigaDevice’s 2026 interim report.