Huahong Company: Reports RMB 4.625 Billion in Operating Income for Q1, Marking an 18.22% YoY Increase
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Author:小编   

Huahong Company (688347) has unveiled its financial results for the first quarter of 2026, revealing an impressive operating income of RMB 4.625 billion during the reporting period, which represents an 18.22% year-on-year (YoY) surge. Additionally, the net profit attributable to shareholders soared to RMB 140 million, reflecting a remarkable 513.10% YoY growth. This significant uptick in performance primarily stems from the enhanced gross profit, propelled by the uptick in average selling prices and the volume of wafers shipped. Furthermore, the favorable exchange rate gains in the current quarter, as opposed to the exchange losses incurred during the same period last year, also contributed to this robust growth.