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Kingfa Sci. & Tech. Holds 2026 Q3 Earnings Briefing, First Three Quarters Revenue at 53.283 Billion Yuan

From:Internet Info Agency 2026-11-10 10:19:00

Kingfa Sci. & Tech. Held 2026 Q3 Results Briefing via Online Interactive Platform Recently, Kingfa Sci. & Tech. Co., Ltd. held its 2026 third-quarter results briefing through online text-based interaction on the Value Online platform. In the first three quarters of 2026, Kingfa Sci. & Tech. achieved operating revenue of 53.283 billion yuan, up 7.39% year on year; net profit attributable to shareholders of the parent company was 851 million yuan, down 20.07% year on year. The company said the profit decline was mainly affected by factors such as sharp increases in raw material costs, exchange losses and higher equity incentive expenses. In the first three quarters, operating cash flow reached 3.498 billion yuan, up 50.74% year on year. At the business level, Kingfa Sci. & Tech.'s specialty engineering plastics have covered categories including LCP, PPA, PPSU/PES, PEI and modified PEEK. Among them, products such as LCP, PPA and PEI have entered the supply chains of leading manufacturers of components related to the AI computing power industry chain, and are used in scenarios including high-speed connectors, optical modules and heat-resistant server components. Sales of related products account for nearly one-third of total specialty engineering plastics sales. In the automotive sector, the ultra-high-strength halogen-free flame-retardant PPA developed by Kingfa Sci. & Tech. can replace metal materials in the electronic control systems of new energy vehicles. In terms of overseas business, Kingfa Sci. & Tech. currently has 11 production and R&D bases in Europe, South Asia, Southeast Asia and North America. In the first half of 2026, its overseas revenue reached 6.295 billion yuan, up 24.46% year on year. Kingfa India and Kingfa Vietnam have developed into the largest modified plastics producers in their respective local markets. The company plans to push forward the completion and commissioning of its plants in Mexico and Poland, and build satellite factories based on overseas customer orders.

Editor:NewsAssistant