CXMT Net Income Hits RMB 77.6B in 1H26, Up 873% YoY
zephyr_z9 · x · 2026-08-28
CXMT reported 1H26 revenue of RMB 150.31 billion, up 873.6% year-over-year, with a net profit of RMB 77.61 billion, swinging from a loss of RMB 2.33 billion a year earlier. The result significantly exceeded the company's July guidance of RMB 50–57 billion by about 36%. Revenue for H2 2026 is projected to grow by 60%-90%.
Related event: CXMT Posts $21B H1 Revenue, Swings to Profit on AI Demand(3 posts)→
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