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Huari Precision: Expected net profit in the first quarter of 2026 to increase by 413.28% to 550.15% year-on-year
Huarui Precision announcement: It is expected that in the first quarter of 2026, the net profit attributable to owners of the parent company will be RMB 150 million to RMB 190 million. Compared with the same period last year, it will increase by RMB 121 million to RMB 161 million, representing a year-on-year increase of 413.28% to 550.15%. It is also expected that in the first quarter of 2026, the net profit attributable to owners of the parent company after deducting non-recurring gains and losses will be RMB 140 million to RMB 180 million. Compared with the same period last year, it will increase by RMB 112 million to RMB 152 million, representing a year-on-year increase of 395.92% to 537.61%.
During the reporting period, against the backdrop of the continued rise in the prices of key raw material—tungsten carbide—the company, leveraging both its funding and scale advantages, achieved an overall increase in both volume and price for its products. At the same time, driven by the growth in operating revenue and the resulting scale effect, the company’s period expenses and fees decreased.