Wingtech Technology's revenue for the first half of 2026 decreased by 94.02% year-on-year to 1.514 billion yuan, and the net profit attributable to the parent company turned into a loss of 406 million yuan, due to the divestiture of its product integration business to focus on semiconductors.
Wingtech Technology reported revenue of 1.514 billion yuan in the first half of 2026, a year-on-year decrease of 94.02%. The net profit attributable to the parent company was a loss of 406 million yuan, compared to a profit of 474 million yuan in the same period last year. The company stated that the significant change in performance was primarily due to the divestiture of its product integration business, further focusing its business structure on its core semiconductor business. In the first half of the year, the semiconductor business achieved revenue of 1.486 billion yuan, with automotive being the largest downstream application, accounting for 38.9%.
Source:华尔街见闻 · Source Link
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