CXMT's H1 revenue reached 150.3 billion yuan, a year-on-year increase of 873.6%, with net profit significantly turning around to 77.6 billion yuan.
Changxin Memory Technologies (CXMT), China's leading storage chip manufacturer, announced its financial results for the first half of 2026, reporting operating revenue of RMB 150.31 billion, an increase of 873.64% compared to the same period last year. Net profit attributable to shareholders of the listed company reached RMB 77.605 billion, a significant turnaround from a loss of RMB 2.332 billion in the prior-year period. Net profit after deducting non-recurring gains and losses was RMB 78.793 billion, exceeding the net profit attributable to parent company shareholders, indicating that profits primarily stemmed from core operations. As of the end of June 2026, the company's total assets reached RMB 468.078 billion, up 38.98% from the end of last year; net assets increased to RMB 134.722 billion, a 137.38% rise, effectively doubling within six months.
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