HK Stock Market Move | FS.COM (03355) rose over 6% as adjusted net profit for the first half of the year increased by nearly 60% year-on-year, continuously advancing the upgrading and iteration of its business structure.
Fei Su Innovation (03355) rose over 6%. As of the time of publication, it increased by 6.11%, trading at HKD 41, with a transaction amount of HKD 6.8075 million.
FS.COM (03355) rose over 6%, and as of publication, it increased by 6.11%, reaching HKD 41, with a trading volume of HKD 6.8075 million.
In terms of news, on August 25, FS.COM announced its interim results for the six months ending June 30, 2026, reporting revenue of CNY 1.762 billion, an increase of 25.9% year-on-year; net profit of CNY 451 million, an increase of 65.1% year-on-year; adjusted net profit of CNY 471 million, an increase of 59.8% year-on-year; and basic earnings per share of CNY 1.23. During the report period, the group's performance continued to grow, primarily driven by the ongoing demand for global artificial intelligence computing power deployment and the construction and expansion of large high-speed data centers, which effectively boosted the overall prosperity of the enterprise-level high-speed network equipment and supporting services industry.
The announcement stated that the group is continuously advancing the upgrading and iteration of its business structure, with strong market demand for high-performance solutions that are high value-added and suitable for enterprise data centers and AI high-performance computing scenarios. This sector's revenue growth rate is approximately 45.4%, significantly higher than the overall average revenue level of the group, and the revenue from this business segment accounts for an increasing proportion of the groups overall revenue year by year, continually driving upward trends in overall revenue scale; along with the continuous expansion of the groups overall business volume and steady market size growth, the advantages of scaled operations are fully evident.
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