Huari Precision: Net profit in the first quarter of 2026 is expected to increase by 413.28% to 550.15 year-on-year.

MetaMuskRat · 2026-03-30T08:47:34+00:00

People's Financial News, March 30 — Huari Precision (688059) announced on March 30 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, representing a year-on-year increase of 413.28% to 550.15%. During the reporting period, against the backdrop of continuous rising prices of key raw materials such as tungsten carbide, the company leveraged its dual advantages of capital and scale to achieve overall growth in both volume and price of its products; at the same time, with the scale effect brought by revenue growth, the company's period expense rate has decreased.

MetaMuskRat

2026-03-30 08:47:34

People’s Finance News, March 30. HuaRui Precision (688059) issued an announcement on March 30, stating that it expects to achieve net profit attributable to owners of the parent company of RMB 150 million to RMB 190 million in the first quarter of 2026, representing a year-on-year increase of 413.28% to 550.15%. During the reporting period, against the backdrop of continued upward pressure on the prices of major raw material tungsten carbide, the company, leveraging both its capital and scale advantages, achieved an overall rise in both volume and price for its products; at the same time, driven by the growth in operating revenue, the scale effect led to a decrease in its period expenses.

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