Asia
CNGR Advanced Material Records 81% Jump in Q1 Profit
CNGR Advanced Material (HKG:2579, SHE:300919) logged 555.3 million yuan in attributable profit for the first quarter of 2026, up 81% from 307.6 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The new energy materials company's Hong Kong shares gained nearly 5% in midday trade on Wednesday.Earnings per share were 0.52 yuan, compared with 0.33 yuan in the prior year period.Operating revenue jumped 46% to 15.75 billion yuan, figures showed.
HKG:2579SHE:300919