Guangxi Securities: Net profit in the first quarter is expected to increase by 67.72% - 98.53% compared to the same period last year.

Guangxi Hualei Group disclosed its performance forecast on April 12th, with the company expecting a net profit attributable to shareholders of 1.96 billion to 2.32 billion yuan in the first quarter of 2026, a year-on-year increase of 67.72% to 98.53%. During the reporting period, the company's significant profit growth compared to the same period last year was mainly due to the rise in prices of iron ore and sulfuric acid products. At the same time, the company vigorously promoted cost reduction and efficiency enhancement, sought benefits from management, and continued to improve operational efficiency. With the dual drive of rising product prices and sustained promotion of management change, the company's profits achieved synchronous growth.