Innolight, Eoptolink and TFC Optical post Q1-Q3 revenue and profit growth

In recent days, the third-quarter reports of Zhongji Innolight (300308.SZ), Eoptolink (300502.SZ) and TFC Optical Communication (300394.SZ) have been released one after another. The three companies sit at different points of the optical module and optical device supply chain, and although their results differed during the reporting period, all three posted year-on-year growth in both revenue and net profit.

Zhongji Innolight disclosed its third-quarter report on October 29. For the first three quarters, the company reported operating revenue of CNY 695.47 billion, up 178.13% year on year; net profit attributable to shareholders of CNY 222.38 billion, up 211.81%; and net profit attributable to shareholders after deducting non-recurring gains and losses of CNY 221.10 billion, up 212.12%. Net cash flow from operating activities came in at CNY 80.08 billion, up 46.81% year on year. Cash flow and net assets also grew compared with the prior-year period, and the company said its capital structure was further optimized.

Explaining the changes in its results, Zhongji Innolight said that during the reporting period, with the deepening advance of global AI computing infrastructure construction, demand in the high-speed optical module market remained strong. Steady expansion in shipment volume, together with improved operational efficiency, drove the strong year-on-year growth in operating revenue and net profit. Sales of high-end optical module products such as 800G and 1.6T continued to increase during the period, while the company kept increasing its R&D investment, with R&D expenses rising 97% year on year (the excerpt cuts off before a complete statement can be confirmed).

At this stage, the third-quarter reports of all three companies have been published, and no further updates are mentioned in the available material.