Ningxia Baofeng Energy Group Co.,Ltd. (600989.SH) has released its financial results for the first quarter of 2026. During the reporting period, the company achieved revenue of 13.237 billion yuan, representing a year-on-year increase of 22.90%. Net profit attributable to shareholders reached 3.661 billion yuan, up 50.23% compared to the same period last year. After excluding non-recurring gains and losses, the net profit was 3.4 billion yuan, marking a growth of 30.92%. Basic earnings per share for the quarter stood at 0.50 yuan.
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