Huafon Chemical Co.,Ltd reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was CNY 6,766.72 million compared to CNY 6,313.83 million a year ago. Revenue was CNY 6,766.72 million compared to CNY 6,313.83 million a year ago.
Net income was CNY 668.62 million compared to CNY 504.32 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.1 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.1 a year ago.
Huafon Chemical Co Ltd, formerly Zhejiang Huafon Spandex Co Ltd, is a China-based company principally engaged in the research and development, manufacturing, processing and sales of chemical fibers, new chemical materials and basic chemical products. The main product of the Company is Qianxi spandex product, which can be used in underwear, casual sportswear, swimwear, socks, jeans, medical bandages, diapers and other fields. The Company’s polyurethane stock products can be used in the production of footwear, auto parts, shared bicycles, high-speed rail gaskets, soft foam, industrial manufacturing, medical equipment and others. The Company also produces adipic acid products. The Company distributes its products within the domestic market and overseas markets.
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