AI Wave Drives Tianfu Communication's H1 Net Profit Up 33.92% YoY, Passive Optical Components Business Surges Over 77% | Earnings Insights

Tianfu Communication reported operating revenue of 2.828 billion yuan for the first half of 2026, up 15.15% year-over-year; net profit attributable to shareholders of the listed company reached 1.204 billion yuan, up 33.92% YoY. The passive optical components business achieved YoY growth of over 77%, with a gross margin of 71.90%; the active optical components business posted a gross margin of 36.87%. The overall gross margin for the company's optical interconnect components stood at 60.67%, up approximately 10 percentage points from 50.54% in the same period last year.