Yao Pi Glass: Net profit in the first quarter of 2026 was 24.1923 million yuan, a year-on-year decrease of 43.30%.
Yao Pi Glass announced that in the first quarter of 2026, its operating income was 1.258 billion yuan, a year-on-year decrease of 0.26%. Net profit was 24.1923 million yuan, a year-on-year decrease of 43.30%. The main reason for this was the weak demand in the real estate terminal market during the reporting period, leading to a decrease in profitability in the construction glass processing sector. Additionally, the fluctuation of exchange rates for the company's main settlement currencies resulted in a loss in profit, whereas in the same period of the previous year, this had been a gain.
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