ST North: Net profit is expected to decrease by 8.27% to 21.37% in the first quarter of 2026.

ST Norit's announcement stated that the net profit attributable to the parent company's owner in the first quarter of 2026 is expected to be between 120 million and 140 million yuan, a year-on-year decrease of 8.27% to 21.37%; the non-recurring net profit is expected to be between 120 million and 140 million yuan, a year-on-year decrease of 7.65% to 20.84%. In the first quarter of 2025, the company's net profit attributable to the parent was 153 million yuan, and the non-recurring net profit was 152 million yuan. The decline in performance is mainly due to the impact of industry price fluctuations on some sales products, resulting in a year-on-year decrease in gross profit margin levels.