HX BLDG MAT's stock price surged 8.67% during intraday trading on Wednesday, following the company's release of a positive profit alert.
The sharp increase came after HX BLDG MAT announced that 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 a significant year-on-year increase of 126% to 213% compared to the same period last year.
The company attributed the substantial performance improvement to 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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