STOCKS | Zhengguang Co. Reports Revenue and Profit Declines in First Quarter of 2026

Zhengguang Co. said its first-quarter 2026 results showed declines in both revenue and net profit attributable to shareholders. According to Jin10, the company’s filing said operating revenue in the first quarter of 2026 fell 5.15% year over year, while net profit attributable to shareholders of the listed company dropped 27.05% year over year. The company said that factors such as geopolitical conflicts, high commodity prices, and global supply chain adjustments could keep pushing up raw material prices or further tighten supply conditions in the future. It said this would increase supply chain cost pressures and could weigh on gross margins for some products, potentially leading to performance that falls short of expectations. Zhengguang Co. added that, overall, its business development still faces significant challenges.