COMEC Reports Q1 Net Profit Surge of 114.76% to Approximately 396 Million Yuan

Stock News04-29 20:50

COMEC announced its financial results for the first quarter of 2026. Revenue reached about 5.685 billion yuan, representing a year-on-year increase of 56.12%. Net profit attributable to shareholders of the listed company was approximately 396 million yuan, a significant rise of 114.76% compared to the same period last year. Basic earnings per share stood at 0.2803 yuan. During the reporting period, the company continued to deepen its lean production management, further shortening the construction cycles of its main ship models. This contributed to steady revenue growth and an improvement in product gross profit margin compared to the previous year. Additionally, the operating performance of the company's associates improved notably, leading to a substantial year-on-year increase in recognized investment income.

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