Zhenghai Magnetics: Net profit for the first quarter was 47.04 million yuan, a year-on-year decrease of 32.29%.

Zhenghai Magnetic Materials announced that the company's revenue for the first quarter of 2026 was 1.365 billion yuan, a decrease of 6.45% year-on-year. Net profit was 47.0491 million yuan, a decrease of 32.29% year-on-year.