SG Micro (03661) saw its share price climb more than 5% during the morning session, with the stock trading up 5.04% at HK$88.65 at the time of writing, on turnover of HK$31.61 million.

According to the company's latest disclosure, a conference call held on August 31 attracted participation from 413 investors representing 272 institutions. During the investor relations session, SG Micro highlighted the performance of its networking and computing business segment, which saw first-half revenue surge nearly 100% year-on-year. In the second quarter alone, the segment grew over 100% year-on-year and more than 45% quarter-on-quarter, driven primarily by optical modules.

For the second quarter, SG Micro reported revenue of RMB 1.497 billion, up 45.48% year-on-year, achieving a new quarterly record. Net profit attributable to shareholders reached RMB 297 million, surging 110% year-on-year, also marking an all-time quarterly high.

Guosen Securities noted that with new product ramping up and market share gains, the company's economies of scale on revenue are helping to dilute operating expenses. The brokerage remains positive on SG Micro's long-term growth potential as a leading analog chip platform player.