Pantum Returns to Profit in First Half of FY2026

Pantum Returns to Profit in First Half of FY2026

Pantum Technology, formerly Ninestar Corporation, reported a successful return to profitability in the first half of 2026, generating a net profit attributable to shareholders of CNY 87.29 million ($12.99 million) and turning around from a net loss of CNY 311.77 million (-$46.39 million) in the same period of 2025.

Revenue for the six-month period totaled CNY 4.56 billion ($679.20 million), reflecting a 62.97% year-over-year decline from CNY 12.33 billion ($1.83 billion) primarily due to a reduced corporate consolidation scope following the strategic divestiture of non-core overseas entities.

The Pantum Electronics printer unit generated CNY 1.73 billion ($256.70 million) in revenue and CNY 148 million ($22.02 million) in net profit, down 25.27% and 54.47% year-over-year respectively. This decline was driven by security and reliability evaluations on printer master control chips, leading to a 74.87% drop in Xinchuang shipments and a 5.26% dip in overall printer sales volume. Nevertheless, overseas printer sales surged 30.5%, domestic commercial sales grew 1%, A3 copier sales expanded 33.57%, and the division showed early signs of rebound in the second quarter.

In contrast, the Geehy Microelectronics integrated circuit division experienced strong momentum as revenue grew 16.17% to CNY 645.47 million ($96.05 million) and net profit jumped 74.57% to CNY 31.38 million ($4.67 million), supported by a 28.92% surge in total chip shipments to 378 million units. Industrial control and automotive chip sales led this segment by reaching CNY 311 million ($46.28 million), while Geehy expanded into humanoid robotics and signed a Phase-Change Memory chip agreement.

Meanwhile, the general compatible consumables segment generated CNY 2.44 billion ($363.69 million) in revenue while increasing net profit by 8.14% to CNY 30 million ($4.46 million), supported by a 20.11% increase in unit shipments despite absorbing a CNY 40 million ($5.95 million) foreign exchange drag.

Geographically, overseas markets generated 53.11% of total revenue at CNY 2.42 billion ($360.74 million), while the domestic Chinese market generated CNY 2.14 billion ($318.46 million) or 46.89%.

Overall, the financial turnaround underscores Pantum Technology’s strategic focus on its core self-owned brand, international market growth, and technical integration across AI-driven printing and advanced semiconductor technologies.

Related:

• Pantum Expects Return to Profit in First Half of 2026
• Pantum Introduces AI-Powered Printer
• Pantum Technology Posts Modest Q1 Growth After Rebrand
• Pantum Releases Vibrant 25 Series Printers
• Pantum Launches Subsidiary in Mexico

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