Advanced Fiber Resources Anticipates First-Quarter Net Profit Surge of 303% to 323%

Stock News04-13

Advanced Fiber Resources (Zhuhai), Ltd. (300620.SZ) has released its preliminary financial results for the first quarter of 2026. The company forecasts a net profit attributable to shareholders of the listed company in the range of 43.7 million yuan to 45.87 million yuan, representing a year-on-year increase of 303% to 323%. After deducting non-recurring gains and losses, the net profit is projected to be between 35.26 million yuan and 36.35 million yuan, a rise of 551% to 571% compared to the same period last year.

During the reporting period, the company achieved steady growth in operating revenue through technological innovation, the launch of new products, and the active development of new customers both domestically and internationally. The significant increase in net profit attributable to shareholders was primarily driven by the growth in operating revenue, enhanced cost control measures, improved efficiency, and a relatively low profit base in the same period of the previous year.

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