Capital Com MENA Securities Trading LLC is regulated by the Capital Market Authority.
Open platformOpen platform

Hong Kong's Ingdan Q3 revenue more than doubles on AI chip demand

By Reuters News


Overview

  • Hong Kong tech distributor's preliminary Q3 revenue rose 130% yr/yr

  • Preliminary Q3 profit from operations grew 134% yr/yr


Outlook

  • Company says strong customer demand and diversified order book support business visibility

  • Ingdan expects AI Token Factory contract value to approach US$2 bln by end-2026

  • Company expects to maintain rapid growth momentum for rest of 2026


Result Drivers

  • CHIP DEMAND - Co said strong demand for chips in AI data centers, memory and robotics sectors drove Q3 growth

  • NEW BUSINESS CONTRACTS - Co said formal service contracts for new AI Token Factory business contributed to order book

  • ORDER BOOK - Co said robust and diversified order book supported strong customer demand


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

9M Revenue

RMB 20.92 bln


Reuters Recommended Reads

  • Oct 30 - Asia chip firms see strong AI demand; market jitters continue

  • Oct 30 - Intel on course for worst day ever, triggers global chip rout

  • Nov 2 - China's robot makers have mastered the moves. Now comes the race for brains


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.