CXMT swings to profit with up to 132.5 billion yuan in net income
Stockwhiz•16/10/2026•12:59 ET
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Key Highlights
- ➤CXMT nine-month net income expected at 131 billion to 132.5 billion yuan
- ➤CXMT nine-month revenue expected at 265 billion to 270 billion yuan
- ➤CXMT reversed a year-earlier 5.3 billion yuan net loss
- ➤Chairman Zhu Yiming proposed a 1 billion to 2 billion yuan share buyback
- ➤CXMT plans a higher-density semiconductor using self-developed architecture
CXMT Corp. expects preliminary nine-month net income of 131 billion yuan to 132.5 billion yuan, reversing a year-earlier loss as memory demand and component prices surged.
Preliminary revenue is expected to reach 265 billion yuan to 270 billion yuan for the first nine months of the year, compared with 32.1 billion yuan in the same period last year.
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