Huarui Precision: It is forecasted that the net profit for the first quarter of 2026 will increase by 413.28% to 550.15% year-on-year.
Sina Finance reported on March 30th that Huari Precision announced that it is expected to achieve a net profit attributable to the owners of the parent company of 150 million to 190 million yuan in the first quarter of 2026, an increase of 121 million to 161 million yuan compared with the same period last year, an increase of 413.28% to 550.15% year-on-year. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses in the first quarter of 2026 will be 140 million to 180 million yuan, an increase of 112 million to 152 million yuan compared with the same period last year, an increase of 395.92% to 537.61% year-on-year. During the reporting period, against the background of the continuous rise in the prices of main raw material tungsten carbide, the company relied on the dual advantages of funds and scale, achieving overall increase in volume and price of products; at the same time, with the growth of operating income, the company's period expenses ratio has decreased.
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