Asia
Zhejiang Shibao's Q1 2026 Profit Falls 14%
Zhejiang Shibao (HKG:1057) booked 41.9 million yuan in attributable profit for the first quarter of 2026, down 14% from 48.7 million yuan a year earlier, according to a Hong Kong bourse filing Sunday.Shares of the automobile parts maker fell nearly 5% in morning trade Monday.Earnings per share were 0.0509 yuan, compared with 0.0592 yuan in the prior year.Operating revenue rose 4.9% year on year to 752.8 million yuan, figures showed.
HKG:1057