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Shenwan Hongyuan: Strong growth in cosmetics retail sales in March, with expectations of reaching new highs in the peak season of Q2 2026.
According to the National Bureau of Statistics, in March, the year-on-year growth rate of retail sales of cosmetics in China reached 8.3%, with a cumulative growth rate of 5.9% in Q1, surpassing the overall retail market performance. This not only demonstrates the resilience of consumer demand in the beauty sector but also reflects the trend of gradual monthly recovery on the demand side since 1998.
Qingmu Technology (301110.SZ) issued a profit forecast, predicting that the net profit attributable to shareholders in the first quarter will be RMB 30 million to RMB 45 million, representing an increase of 199.52% to 349.29% year-on-year.
Qingmu Technology (301110.SZ) disclosed its earnings forecast for the first quarter of 2026. The company expects a net profit attributable to shareholders of listed companies to range between RMB 30 million and RMB 45 million, representing a year-on-year increase of 199.52% to 349.29%. Excluding non-recurring gains and losses, the net profit is projected to be between RMB 24 million and RMB 35 million, marking a year-on-year growth of 182.15% to 311.47%. The growth in the company’s performance is primarily driven by the year-on-year increase in its brand incubation and management business, distribution agency business, and e-commerce operation services.
There Are Reasons To Feel Uneasy About Qingmu Digital TechnologyLtd's (SZSE:301110) Returns On Capital