HX BLDG MAT Shares Surge Over 8% Following Positive Profit Alert

Stock News04-01

HX BLDG MAT (06655) rose more than 8% after issuing a positive profit alert. At the time of writing, the stock was up 8.11%, trading at HK$17.32, with a turnover of HK$21.6449 million.

On March 31, HX BLDG MAT released an announcement stating that, based on preliminary calculations by the company's finance department, it expects to report a net profit attributable to owners of the parent company in the range of RMB 520 million to RMB 720 million for the first quarter of 2026. This represents an increase of RMB 290 million to RMB 490 million compared to the same period last year, a year-on-year rise of 126% to 213%.

The company also anticipates that its first-quarter 2026 net profit attributable to owners of the parent company, after deducting non-recurring gains and losses, will be between RMB 520 million and RMB 720 million. This would be an increase of RMB 280 million to RMB 480 million from the prior-year period, equating to a growth rate of 117% to 200%.

During the reporting period, the company's significant performance improvement was primarily driven by the steady ramp-up of new overseas production capacity, which provided strong support for increased sales volume and contributed to sustained positive overall operating results.

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