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Guangdong Songfa Ceramics' Q1 Profit Quadruples as Revenue Doubles; Shares Jump 4%

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-- Guangdong Songfa Ceramics (SHA:603268) posted a 330% year-over-year jump in net profit in the first quarter of 2026 to 1.09 billion yuan from 254.1 million yuan.

Earnings per share, however, slipped 45% to 1.13 yuan from 2.05 yuan, the ceramics maker said in a Shanghai Stock Exchange filing on Tuesday.

Revenue surged 199% to 8.89 billion yuan from 2.97 billion yuan a year earlier.

Songfa's shares rose nearly 4% in recent trade.

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