New Submarine Achieves 90.98% YoY Surge in Semi-Annual Net Profit for 2026
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Author:小编   

New Submarine has unveiled its semi-annual report for 2026, showcasing remarkable financial growth. The company reported revenues amounting to 20.91 billion yuan, marking a significant 100.34% increase compared to the same period last year. Furthermore, the net profit attributable to shareholders soared to 7.529 billion yuan, reflecting a robust 90.98% year-on-year surge. This impressive performance was largely propelled by strategic investments in artificial intelligence computing power. In a notable move, the company has opted not to distribute cash dividends, refrain from issuing bonus shares, and avoid converting capital reserves into share capital. Additionally, the second quarter witnessed a net profit of 4.749 billion yuan for the company, indicating a substantial 70% quarter-on-quarter rise from the 2.78 billion yuan recorded in the first quarter.

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