Huarui Precision (688059.SH) announced semi-annual results, with net profit of 238 million yuan to mother, an increase of 178.32% over the previous year

Zhitong Finance App News, Huarui Precision (688059.SH) released its 2026 semi-annual report. In the first half of 2026, the company achieved operating income of 621 million yuan, an increase of 19.7% compared with the same period last year; realized net profit attributable to owners of the parent company was 238 million yuan, an increase of 178.32% compared with the same period last year; realized net profit attributable to owners of the parent company after deducting non-recurring profit and loss of 237 million yuan, an increase of 182.45% compared with the same period last year; basic earnings per share were 2.43 yuan.

During the reporting period, the increase in the company's business performance was mainly due to: 1. During the reporting period, in the context of high prices of tungsten carbide, the company responded positively and adopted price increase measures, which increased the overall sales price of the product, which led to an increase in revenue scale and overall product gross margin; 2. During the reporting period, on the one hand, the company actively implemented actions to improve quality and efficiency to strengthen cost control; on the other hand, along with the scale effect brought about by the increase in operating income, the company's cost ratio declined during the period.