Euro China Group: It is expected that the net profit for the first quarter of 2026 will be between 180 million yuan and 220 million yuan.

date
27/03/2026
Euco Billion announced that it is expected to achieve a net profit attributable to the owner of the parent company of 180 million to 220 million yuan in the first quarter of 2026, an increase of 172 million to 212 million yuan compared to the same period last year. It is expected that the net profit attributable to the owner of the parent company, excluding non-recurring gains and losses, will be 175 million to 215 million yuan in the first quarter of 2026, an increase of 174 million to 214 million yuan compared to the same period last year. During the reporting period, the main raw material for hard alloy cutting tools, tungsten carbide, continued to rise significantly. The company has financial advantages and economies of scale, achieving both product volume and price increases. In the first quarter of 2026, the capacity utilization rate of the company's CNC blade and CNC tool industrial park projects continued to increase, resulting in corresponding price increases, gross profit margin and net profit margin increased year-on-year, driving the company's profitability.