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Aoruite: Net profit in the first quarter of 2026 was 63.9269 million yuan (ten-thousand-yuan units), a year-on-year decrease of 46.47%
Aureate announces that the operating revenue for the first quarter of 2026 was 389 million yuan, a year-on-year decrease of 3.17%. Net profit was 63.9269 million yuan, a year-on-year decrease of 46.47%. The main reasons are: 1. The competition in the raw material drug industry is becoming increasingly fierce, and product prices are under continuous pressure, leading to a decline in the selling prices of some of the company’s raw material drug products; 2. During the reporting period, the sales structure of the company’s high-margin and low-margin products changed, which had a certain impact on overall profitability; 3. As projects are gradually converted to fixed production, the company’s production capacity is still in the ramp-up stage, and the additional depreciation and operating costs have put some pressure on operating performance.