AAC Technologies (02018.HK) reported 1H2026 revenue at a record 14.51 bln yuan, up 8.9% YoY, led by acoustics and electromagnetic drive, automotive acoustics and thermal-management businesses. Gross margin rose to 22.4%, +170bps YoY, driven by improv

2026-08-20

AAC Technologies (02018.HK) reported 1H2026 revenue at a record 14.51 bln yuan, up 8.9% YoY, led by acoustics and electromagnetic drive, automotive acoustics and thermal-management businesses. Gross margin rose to 22.4%, +170bps YoY, driven by improved product mix and higher operating efficiency. Reported net profit was 901 mln yuan, up 2.9% YoY; adjusted net profit excluding fair-value-related other gains/losses rose 37.4% YoY. Optical business revenue fell 22.7% YoY to 2.05 bln yuan, hit by lower global smartphone shipments reducing optical-module and lens volumes.