Everbright Hi-Tech has unveiled its financial results for both the third quarter and the first nine months of 2026. In Q3, the company achieved a total operating revenue of 242 million yuan and a net profit attributable to shareholders amounting to 21.738 million yuan, marking year-on-year growth of 92.86% and 81.63%, respectively. Over the first three quarters, revenue reached 633 million yuan, with a net profit attributable to shareholders of 52.0758 million yuan, reflecting respective year-on-year increases of 86.43% and 148.66%.
The company attributed the revenue growth mainly to the rapid expansion of its optical communication business. The surge in net profit was attributed to enhanced operating performance, valuation gains from the Photon Fund, increased gross sales profit, government subsidies, and the reversal of bad debt provisions due to successful collection of accounts receivable.
The company’s leader previously disclosed that with the ongoing development of AI computing power infrastructure, the revenue growth rate of the optical communication business is anticipated to outpace that of the industrial laser business over the next two years. Presently, the company has developed a product matrix encompassing four major categories of optical communication chips. Bulk deliveries of optical communication product orders are in progress, and capacity expansion efforts are underway. Concurrently, the company is venturing into the silicon photonics integration business by investing in related enterprises, aiming to provide customers with comprehensive supporting solutions.
