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The latest update is out from CIG Shanghai Co., Ltd. Class H ( (HK:6166) ).
CIG Shanghai Co., Ltd. expects a sharp improvement in profitability for 2025, forecasting net profit attributable to shareholders of RMB252 million to RMB278 million, up 51.19% to 66.79% year on year, with profit after excluding non-recurring items projected to climb 64.62% to 81.81% to RMB249 million–RMB275 million. Management attributes the earnings surge mainly to strong growth in its high-speed optical module business, driven by booming demand from artificial intelligence and accelerated global data center construction, alongside expanded production capacity at its new Jiashan facility and its Malaysian base, as well as an upgraded product mix toward higher-speed, higher-margin offerings and steady shipment growth in its broadband and wireless access segments, which together reinforce its operational momentum and market positioning.
The most recent analyst rating on (HK:6166) stock is a Hold with a HK$86.00 price target. To see the full list of analyst forecasts on CIG Shanghai Co., Ltd. Class H stock, see the HK:6166 Stock Forecast page.
More about CIG Shanghai Co., Ltd. Class H
CIG Shanghai Co., Ltd. is a PRC-incorporated optical communications company whose core businesses span high-speed optical modules, broadband access and wireless access equipment. The group focuses on serving rising global demand for data connectivity, particularly from data centers and network operators, supported by manufacturing bases in China and overseas, including Jiashan and Malaysia, which underpin its export-oriented and high-speed product mix strategy.
Average Trading Volume: 2,612,643
Current Market Cap: HK$35.74B
For detailed information about 6166 stock, go to TipRanks’ Stock Analysis page.