Blue Technology: Net loss of 150 million yuan in the first quarter, turning losses year-on-year.
Blue Technology announced that in the first quarter of 2026, the operating income was 14.14 billion yuan, a year-on-year decrease of 17.13%; the net profit attributable to the shareholders of the listed company was -150 million yuan, turning into a loss year-on-year. The main reason for the performance change is the decrease in revenue from smart phones and computers in this period, as well as an increase in net exchange losses and an increase in the valuation losses of forward foreign exchange transactions in this period. The net profit of the company in Q1 was -1.5 billion, while the net profit in Q4 of 2025 was 11.75 billion. Based on this calculation, the net profit in Q1 turned from profit to loss.
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