Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited ( the " Stock Exchange " ) take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . Q Tech Q TECHNOLOGY ( GROUP ) COMPANY LIMITED HIGHLIGHTS 丘 鈦 科技 ( 集團 ) 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 1478 ) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2026 The unaudited revenue of Q Technology ( Group ) Company Limited ( the “ Company ” ) and its subsidiaries ( collectively the " Group " ) for the six months ended 30 June 2026 ( the " Period ” ) amounted to approximately RMB9,923,172,000 , representing an increase of approximately 12.4 % as compared with that for the six months ended 30 June 2025 ( the " Corresponding Period ” ) . The year - on - year increase in revenue was mainly attributable to the following : during the Period , the sales volumes of the Group's camera modules applied to mobile products , camera modules and LiDAR products applied to the Internet of Things ( IoT ) products , and camera modules and LiDAR products applied to automotive products increased by approximately 30.1 % , 46.9 % and 65.0 % year - on - year , respectively , resulting in an increase of approximately 14.0 % in the aggregate revenue from camera modules and LiDAR products as compared with the Corresponding Period , among which the aggregate revenue from camera modules and LiDAR products applied to the automotive products increased significantly by approximately 117.3 % as compared with the Corresponding Period . Gross profit of the Group for the Period was approximately RMB651,703,000 , representing a slight decrease of approximately 0.4 % as compared with the Corresponding Period ; while gross profit margin was approximately 6.6 % , representing a year - on - year decrease of approximately 0.8 percentage points . The decrease in gross profit margin was mainly attributable to the following : ( i ) affected by macro factors and supply chain tightness , global smartphone shipments declined year - on - year in the first half of 2026 , the specification upgrade of camera modules applied to low - to - mid - end smartphones stagnated , and market competition intensified , putting pressure on the average unit price and profit margin of camera modules . During the Period , the sales volume of the Group's mid - to - high- end mobile phone camera module products with resolutions of 32 megapixels and above decreased by approximately 7.0 % year - on - year , with their proportion of the total sales volume of mobile phone camera modules decreasing by approximately 15.2 percentage points , resulting in a decrease of approximately 14.1 % in the average selling price of mobile phone camera modules as compared with the Corresponding Period ; and ( ii ) the sales volume of biological recognition modules decreased by approximately 7.9 % year - on - year , resulting in a decline in capacity utilisation rate and an increase in marginal cost . 1