Weihai Guangwei Composites Co: Net profit fell 26.85% year-over-year despite 3.87% revenue growth, led by wind power gains

About this update from Weihai Guangwei Composites Co., Ltd. Class A

Revenue grew 3.87% year-over-year to ¥1.20 billion, but net profit dropped 26.85% due to price declines in carbon fiber. Wind power materials surged 47.95%, offsetting weakness in other segments. R&D investment rose 37.11% to support innovation.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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