China's CXMT Posts First-Half Profit After Revenue Surge

연합뉴스-Yonhap News Agency

Lean Right

Factuality

Ownership

(Beijing=Yonhap News) Correspondent Kim Hyun-jung = China's largest DRAM manufacturer, Changxin Memory (CXMT), saw its first-half revenue driven by a surge in memory demand from the artificial intelligence (AI) industry and...

BITRSS

Factuality

Ownership

According to ChainCatcher, Changxin Technology released its 2026 semi-annual report, showing revenue of RMB 150.31 billion in the first half of the year, a year-on-year increase of 873.64%; net profit attributable to shareholders of the parent company was RMB 77.605 billion, compared to a loss of RMB 2.332 billion in the same period last year; net cash flow from operating activities was RMB 131.156 billion, a year-on-year increase of 2985.64%; g…