Shenghe Resources (600392.SH) Issues Profit Alert, Expects First Three Quarters Net Profit Attributable to Parent of 1.1 Billion to 1.23 Billion Yuan, Up 39.66% to 56.17% Year-on-Year

Stock News10-15

Shenghe Resources Holding Co.,Ltd. (600392.SH) has released an announcement stating that the company expects to achieve a net profit attributable to shareholders of the listed company of 1.1 billion yuan to 1.23 billion yuan for the first three quarters of 2026, representing a year-on-year increase of 39.66% to 56.17%.

During the reporting period, influenced by factors such as changes in market supply and demand dynamics, overall market demand for major rare earth products improved, and prices of major rare earth products fluctuated at high levels. The company seized market opportunities, optimized its production and sales structure, strengthened management empowerment and cost control, and achieved substantial growth in operating performance compared with the same period last year.

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