Huarui Precision announced that net profit attributable to owners of the parent company is expected to be 210 million yuan to 250 million yuan in the first half year of 2026. Compared with the same period last year, it will increase 125 million yuan to 165 million yuan, an increase of 145.73% to 192.54% over the previous year. During the reporting period, against the backdrop of high prices of tungsten carbide, the main raw material, the company responded positively and adopted price increase measures. The overall sales price of the product increased, which led to an increase in revenue scale and overall product gross margin.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.