Jinguang Optics H1 Profit Exceeds Last Year's Full-Year EPS 1.53 yuan Q4 Mass Production of Infrared Lenses in Taiwan

Jinguang Optics (6209-TW), an optical components manufacturer, has seen strong sales of infrared lenses, driving its net profit for the first half of 2026 to 2.8 billion yen, a 14-fold increase from the previous year. This growth is expected to accelerate as the company plans to start mass production of a new production line in Taiwan in the fourth quarter.

In the second quarter of 2026, the company's revenue was 12.56 billion yen with a gross margin of 25.42%. Although this is a 5.51 percentage point decrease from the previous quarter, it is a 4.93 percentage point increase from the previous year. The net profit was 1.31 billion yen, a 9.38 percentage point decrease from the previous quarter but a 6.7-fold increase from the previous year.

For the first half of 2026, the company's revenue was 24.14 billion yen with a gross margin of 28.06%, a 12.4 percentage point increase from the previous year. The net profit for the first half of the year was 2.8 billion yen, a 14-fold increase from the previous year, surpassing the net profit for the entire previous year.

The company's revenue for July 2026 was 5.24 billion yen, a 12-year high, representing a 93.16% increase from the previous year. Jinguang Optics has revised its performance forecast for the third quarter upwards. Additionally, the company plans to expand its production lines for niche products in Taiwan to expand its customer base and sales. A new production line for infrared lenses in Taiwan is scheduled to start mass production in the fourth quarter.

Regarding automotive lenses, the company's shipments in 2026 are expected to increase compared to the previous year, and the sample shipment of LEO lenses has been completed.