Galaxy Microelectronics Reports H1 Net Profit of RMB 48.26 Million, Up 77.28% YoY

Galaxy Microelectronics disclosed its interim report on August 9, revealing that the company achieved revenue of RMB 611 million in the first half of the year, an increase of 28.28% year-over-year. Net profit attributable to shareholders of the listed company amounted to RMB 48.2585 million, up 77.28% year-over-year, with basic earnings per share at RMB 0.38. During the reporting period, the company's performance was primarily driven by the successful development of key customers and expansion of product lines in major sectors such as automotive electronics, home appliances, and energy storage.