Shanghai HJ Semiconductor (688584.SH) has unveiled its semi-annual report for 2026, revealing a revenue of RMB 593 million, which represents a 5.13% decrease compared to the same period last year. The net profit attributable to shareholders stood at RMB 26.7366 million, experiencing a significant 55.22% decline year-on-year. This downturn in performance can be primarily attributed to the reduction in monetary funds resulting from capital investments in raised projects, fluctuations in the RMB exchange rate, a decrease in interest income, and an uptick in exchange losses. Nevertheless, the company witnessed a positive turnaround in the second quarter, with a net profit of RMB 14 million, marking a 13% increase from the RMB 13 million recorded in the first quarter.
