Top Chinese Fiber Optic Firms Post Strong H1 Results; YOFC Net Profit Surges Nearly 9-Fold
Leading Chinese fiber optic cable makers reported robust first-half results, with Yangtze Optical Fibre and Cable (YOFC) net profit jumping nearly nine-fold year on year and Hengtong Optic-Electric achieving net profit of RMB 3.12 billion. The sector saw both higher volumes and prices, driven by data centers replacing telecom operators as the core growth engine.
In the first half of 2026, leading fiber optic cable companies including Yangtze Optical Fibre and Cable (YOFC), Hengtong Optic-Electric, and Zhongtian Technology successively released their interim reports, showing high growth in performance and an overall trend of rising volumes and prices across the industry. Among them, YOFC's net profit attributable to shareholders surged nearly nine-fold year on year, while Hengtong Optic-Electric achieved net profit attributable to shareholders of RMB 3.12 billion.
Several companies noted that, unlike previous cycles driven by "fiber-to-the-home" or 5G construction, the current sustained high demand has made data centers the core growth driver for the fiber optic industry, replacing telecom operators and ushering in a new round of renewal and upgrade.
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