OKEX: Expected net profit attributable to parent company in Q1 2026 to be between 180 million and 220 million yuan

2026-03-28 08:36:07

OK Group announced on March 27 that it expects a net profit attributable to shareholders of 180 million to 220 million yuan in the first quarter, compared to a profit of 7.6632 million yuan in the same period last year. The company stated that in the first quarter of 2026, the capacity utilization rates of its CNC blade and CNC tool industrial park projects continued to improve, leading to corresponding price increases for products, which in turn increased gross and net profit margins year-on-year, enhancing the company’s profitability. Additionally, the performance base in the first quarter of 2025 was relatively low, resulting in a noticeable year-on-year growth.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes