Q1 Earnings Report: Essence Fastening Systems Sees 11% Drop in Net Profit

Stock News04-24

Essence Fastening Systems (Shanghai) Co., Ltd. (301005.SZ) has released its financial report for the first quarter of 2026. The company reported operating revenue of 183 million yuan, a decrease of 2.86% compared to the same period last year. Net profit attributable to shareholders of the listed company was 14.2289 million yuan, down 11.00% year-on-year. After deducting non-recurring gains and losses, the net profit attributable to shareholders was 13.4664 million yuan, reflecting a decline of 13.91%. Basic earnings per share stood at 0.11 yuan.

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