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Shengtai Group: Net profit of 165 million yuan in the first quarter of 2026, a year-on-year increase of 711.74%
Shengtai Group Announcement, Q1 2026 Operating Revenue of 904 million yuan, up 0.09% year-over-year.
Net profit of 165 million yuan, up 711.74% year-over-year.
The disposal of 70% equity of Zhejiang Haotai Textile Intelligent Manufacturing Co., Ltd. during this period resulted in significant investment income.