# Hongming Electronics Revenue Up, Profit Down

> Hongming Electronics reports 1.97% revenue growth but 29.26% profit drop in first three quarters.
- Title: Hongming Electronics Revenue Up, Profit Down · BigGo Finance
- Summary: Hongming Electronics reports 1.97% revenue growth but 29.26% profit drop in first three quarters. Hongming Electronics saw 1.97% revenue increase to 2.155…
- Keywords: hongming electronics, 301682.sz, defense sector, revenue, profit, 2026, finance, markets, Hongming, Electronics, BigGo Finance
- Source: BigGo Finance — https://finance.biggo.com/news/e6a40a18-8af1-4176-a3fe-074db77410ac
- Author: BigGo Finance
- Published: 2026-10-22T01:05:24+00:00
- Read time: 1 min
- Topics: hongming electronics, 301682.sz, defense sector, revenue, profit, 2026, finance, markets
## Hongming Electronics 2026 Q1-Q3 Report
Hongming Electronics disclosed its first three quarters 2026 financial results after market close on October 21.
## Revenue and Profit Figures
Revenue rose 1.97% year-on-year to 2.155 billion yuan, net profit fell 29.26% to 214 million yuan.
## Profitability Challenges
Net profit after non-recurring items dropped 30.18% to 204 million yuan, cash flow turned negative.
## Key Reasons for Decline
Slowed downstream demand and defense sector low-cost requirements hurt revenue and margins.
## Key takeaway

Hongming Electronics saw 1.97% revenue increase to 2.155 billion yuan but net profit fell 29.26% to 214 million yuan in first three quarters of 2026.