COMEC Anticipates Significant First-Quarter Profit Surge

Stock News
Apr 13

COMEC (600685.SH) has issued a positive profit alert for the first quarter of 2026. The company forecasts a net profit attributable to shareholders of the parent company in the range of 360 million to 430 million yuan. This represents an increase of approximately 175.54 million to 245.54 million yuan compared to the same period last year, equating to a year-on-year surge of 95.16% to 133.11%. During the reporting period, the company capitalized on opportunities within the shipbuilding industry, maintaining a strong order intake and continuously optimizing its product portfolio. By deepening its lean production management practices, COMEC further reduced the construction cycles of its main ship types. These efforts contributed to steady growth in operating revenue and an improvement in product gross profit compared to the previous year. Additionally, the company's associated enterprises reported significantly improved operating results, leading to a substantial year-on-year increase in recognized investment income.

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