FUYAO GLASS (03606) saw an increase of nearly 4% in its share price. At the time of writing, the stock was up 3.72%, trading at HKD 64.1, with a turnover of HKD 93.21 million. The movement follows the company's recent announcement of its first-quarter results for 2026. During the period, the company reported revenue of RMB 10.413 billion, representing a year-on-year increase of 5.08%. However, net profit attributable to shareholders of the listed company fell by 15.68% to RMB 1.7115 billion. Basic earnings per share stood at RMB 0.66. Goldman Sachs noted that while global automotive production declined by 5.2% year-on-year, impacting the industry, FUYAO GLASS's shipment volume decreased by only 3.7%, indicating a continued expansion in its market share. The firm anticipates that the first quarter will mark a seasonal low for automotive production and expects an acceleration in full-year revenue growth, supported by improvements in gross and operating profit margins.