Xinte Electric: Net loss in the first quarter was 1.8771 million yuan, a decrease of 120.54% year-on-year.

New Te Electric announced that its operating income in the first quarter of 2026 was 126 million yuan, a year-on-year increase of 43.14%. The net loss was 1.8771 million yuan, compared to a net profit of 9.1382 million yuan in the same period last year.