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Ningbo Fubon: Net profit in the first quarter was 27.9857 million yuan, a year-on-year increase of 450.49%
Ningbo Fubon announced that the operating revenue in the first quarter of 2026 was 406 million yuan, an increase of 83.68% year-on-year.
Net profit was 27.9857 million yuan, an increase of 450.49% year-on-year.
Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 21.2415 million yuan, an increase of 505.45% year-on-year.
This was mainly due to increased profits from electrical contact products during this period and the recognition of investment income from the transfer of 2.5% equity in Ningbo Zhonghua Paper Co., Ltd.