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Adtec Plasma extends gains to a seventh session as H1 net profit beats estimates despite lower revenue and operating profit
Adtec Plasma Technology Co., Ltd. <6668> extended its gains to a seventh consecutive session, hitting a new year-to-date high. The company announced its consolidated financial results for the first half ended February after the close of trading on the 10th, reporting sales of \5.46 billion (down 13.2% year-on-year), operating profit of \640 million (down 20.7%), and net profit of \624 million (down 36.9%). While revenue and operating profit declined, net profit significantly exceeded the previous forecast of \360 million, drawing a positive reaction from the market. The better-than-expected bottom line was largely attributed to foreign exchange gains booked under non-operating income.
In the core semiconductor and LCD-related business, Adtec Plasma saw robust demand for high-performance semiconductors, primarily for servers and data centers, supported by ongoing AI and cloud-related investments. However, sales and profits in this segment declined sharply as demand for some non-AI applications showed mixed trends. The research institutions and universities segment also weighed on results due to the absence of large-scale projects secured in the year-ago period.
The company retained its full-year guidance for the fiscal year ending August 2026, projecting sales of \11.6 billion (down 8.5% year-on-year), operating profit of \1.58 billion (down 12.6%), and net profit of \1.01 billion (down 49.7%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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