Hisilicon: Net profit in the first quarter increased by 1089.85% year-on-year.

Hisilicon announced that the operating income in the first quarter of 2026 was 1.564 billion yuan, an increase of 75.33% year-on-year; the net profit attributable to shareholders of the listed company was 555 million yuan, an increase of 1089.85% year-on-year. The main reason for the performance change was the revenue of approximately 500 million yuan from the transfer of the HSK39004 project in this period. The company's net profit for Q1 was 555 million, compared to a net profit of -36 million in Q4 of 2025. Based on this calculation, the net profit for Q1 turned losses into profits on a quarter-on-quarter basis.