OKE Precision Cutting Tools announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 360 million yuan and 420 million yuan, representing a year-on-year increase of 46,339% to 54,062%. The change in performance is mainly due to the company seizing the opportunity of rising demand for high-end cutting tools, completing a product structure upgrade, and achieving year-on-year growth in sales of CNC cutting tools. At the same time, rising raw material prices have strengthened profitability through product price adjustments. The company's net profit for the first quarter was 204 million yuan, implying an expected quarter-on-quarter change in second-quarter net profit of minus 23% to plus 5%.
OKE Precision Cutting Tools Co. Ltd. ACompany expects net profit surge due to rising demand for high-end cutting tools and sales growth of CNC cutting tools.