HK Stock Market Move | Huaxin Building Materials Group (06655) rose by more than 8% after the announcement. It is expected that the net profit attributable to the parent company in the first quarter will increase by 126% to 213% year-on-year.

Huaxin Building Materials Group (06655) rose by more than 8% after the profit announcement, with an increase of 8.11% as of the time of publication, reaching HK$17.32, with a trading volume of HK$216.449 million. On the news front, on March 31st, Huaxin Building Materials Group announced that according to preliminary calculations by the company's finance department, it is expected to achieve a net profit attributable to the owners of the parent company of RMB 520 million to RMB 720 million in the first quarter of 2026. This represents an increase of RMB 290 million to RMB 490 million compared to the same period last year, an increase of 126% to 213% year-on-year. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses in the first quarter of 2026 will be RMB 520 million to RMB 720 million, an increase of RMB 280 million to RMB 480 million compared to the same period last year, representing a 117% to 200% year-on-year increase. During the reporting period, the company's performance achieved significant growth, mainly due to the steady release of overseas production capacity, which provided strong support for sales volume increases, driving overall operating results to continue to improve.