Guoke Military Industry: Net profit in the first quarter of 2026 was 19.7462 million yuan, a year-on-year decrease of 31.18%.

Guokewei Military Industry announced that its operating income in the first quarter of 2026 was 155 million yuan, a year-on-year increase of 24.42%. Net profit was 19.7462 million yuan, a year-on-year decrease of 31.18%. The main reason for the decrease was due to a government subsidy of 11.89 million yuan received in the same period of the previous year and a significant amount of bad debt recovery from accounts receivable.