Huarei Precision disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 210 million and 250 million yuan, an increase of 145.73% to 192.54% year-on-year. During the reporting period, the price of the main raw material tungsten carbide remained high, and the company implemented price increases, raising overall product selling prices and driving growth in both revenue scale and overall product gross margin.
Zhuzhou Huarui Precision Cutting Tools Co LtdCompany raised product selling prices due to high raw material costs, boosting revenue and gross margin.