Biwin Storage: Q1 Net Profit Soars to 2.899 Billion Yuan, Achieving a Remarkable Year-on-Year Turnaround from Losses to Profits
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Author:小编   

Biwin Storage has declared that its operating revenue for the first quarter of 2026 soared to 6.814 billion yuan, marking a significant year-on-year surge of 341.53%. Moreover, the net profit attributable to shareholders of the listed company reached 2.899 billion yuan, successfully transforming previous losses into substantial gains on a year-on-year basis. This remarkable performance growth can be primarily attributed to the explosive demand for AI computing power, the thriving storage industry, robust market demand, and escalating product prices. Seizing the industry's golden opportunities, the company expanded its global clientele of top-tier customers and forged a competitive advantage in the burgeoning AI end-side sector. Notably, revenue from storage products in this sector skyrocketed to approximately 1.175 billion yuan, experiencing a staggering year-on-year increase of 496.45% and a quarter-on-quarter rise of 53.19%. Furthermore, the company's net profit in the first quarter witnessed a notable quarter-on-quarter escalation of 252%.