-+ 0.00%
-+ 0.00%
-+ 0.00%
Huatong Cable (605196.SH) sales increase ahead of schedule. Net profit to mother is expected to increase by 86.53% to 117.62% year-on-year in the first three quarters
Share
Listen to the news

According to the Zhitong Finance App, Huatong Cable (605196.SH) released a performance forecast for the first three quarters of 2026. It is expected to achieve net profit attributable to shareholders of listed companies of 480 million yuan to 560 million yuan in the first three quarters of 2026, an increase of 222.6746 million yuan to 302.6746 million yuan compared with the same period last year, an increase of 86.53% to 117.62% over the previous year.

This increase in performance is mainly due to the release of production capacity and product sales from the electrolytic aluminum project in Angola. The electrolytic aluminum project in Angola was officially put into operation in January 2026, and has reached full production after a phase of climbing production capacity. The company's aluminum sector products have a high profit level, which effectively boosts the company's overall profit level.

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.
What's Trending