Quectel Communications H1 Revenue RMB 15.26 Billion, Net Profit RMB 602 Million, Proposes Dividend
Quectel Communications reported 2026 first-half revenue of RMB 15.26 billion, up 32.16% year on year, with net profit attributable to shareholders of RMB 602 million, up 27.84%. Basic earnings per share stood at RMB 1.49. The company proposed a cash dividend of RMB 4.7 per 10 shares (pre-tax). During the period, Quectel advanced product innovation and global service expansion, with diversified businesses including communication modules and antennas, automotive, IoT vertical solutions, and edge AI solutions growing in tandem, particularly computing power modules, automotive, and solutions segments.
Quectel Communications disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of RMB 15.259 billion, up 32.16% year on year; net profit attributable to shareholders of the listed company was RMB 602 million, up 27.84% year on year; basic earnings per share was RMB 1.49. The company also announced a profit distribution proposal, planning to pay a cash dividend of RMB 4.7 (pre-tax) per 10 shares.
During the reporting period, the company continued to advance product innovation and business expansion, continuously enriching its product matrix and improving its global service system. Diversified businesses including communication modules and antennas, automotive, IoT vertical solutions, and edge AI and solutions developed in coordination, with computing power modules, automotive, and solutions businesses all maintaining good growth momentum.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Internet of Things, with intensity 50/100 and 70% confidence over a short term horizon.
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