Chengxing Corporation: Net profit for the first quarter of 2026 was 27.58 million yuan, a year-on-year increase of 176.79%.
Chengxing Corporation announced that its operating income in the first quarter of 2026 was 998 million yuan, an increase of 5.30% year-on-year. Net profit was 27.5834 million yuan, an increase of 176.79% year-on-year. The main reasons are the rise in yellow phosphorus prices and the impact of the international situation. The company implemented lean management, leading to a significant increase in performance compared to the same period last year.
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