NOVOSENSE (02676) surged over 7% following a positive profit alert, and as of the time of writing, rose 5.86% to HKD 159, with a turnover of HKD 11.2257 million.

On August 13, NOVOSENSE announced that, based on preliminary estimates by the finance department, the company expects to achieve operating revenue of approximately RMB 2.54 billion in the first half of 2026, an increase of about RMB 1.016 billion compared to the same period last year, representing a year-on-year growth of roughly 66.70%. The company projects a net profit attributable to owners of the parent company of approximately RMB 67.00 million in the first half of 2026, an increase of about RMB 145 million compared to the same period last year, turning from a loss to a profit.

The announcement stated that the revenue growth in the first half of 2026 primarily benefited from: on the demand side, driven by the recovery of domestic demand, the accelerated overseas expansion of optical storage and automotive sectors, and the explosive growth of AI computing infrastructure demand, customer demand in downstream sectors such as automotive electronics, server power supplies, photovoltaic and energy storage, and industrial automation rapidly increased, leading to a significant boost in the company's related product shipments. On the product side, the company continues to focus on product development for downstream application scenarios, with its semiconductor product and solution matrix constantly expanding, resulting in a steady increase in the number of available product models and a steady expansion of sales scale. On the market side, the company's overseas business strategy is steadily advancing, with overseas customer revenue contribution gradually improving.