通信行业2025中期业绩总结：盈利提速算力板块表现亮眼

国泰海通证券2025-09-17

本报告导读：2025 年H1 通信行业整体营收稳健增长、盈利提速。以行业91 家公司作为样本，整体实现营收17850.03 亿元（同比+10.07%），归母净利润1604.32 亿元（同比+11.26%），扣非后归母净利润1490.23亿元（同比+13.04%）。投资要点：维持通信行业 “增持”评级。推荐：1、光模块:中际旭创/新易盛/光迅科技/华工科技/德科立；2、CPO/硅光:天孚通信/...

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通信行业2025中期业绩总结：盈利提速 算力板块表现亮眼

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通信行业2025中期业绩总结：盈利提速算力板块表现亮眼