Shenghe Resources Posts 135.24% Surge in First-Half Net Profit, Reaching 887 Million Yuan

Stock News08-28

Shenghe Resources Holding Co.,Ltd. (SH: 600392) has announced its semi-annual results for 2026, reporting a significant surge in profitability driven by a robust market environment.

During the reporting period, the company achieved operating revenue of 8.759 billion yuan, marking a year-on-year increase of 41.76%. Net profit attributable to shareholders of the listed company reached 887 million yuan, up 135.24% compared to the same period last year. After deducting non-recurring gains and losses, net profit stood at 877 million yuan, representing an even stronger growth rate of 141.23%.

The company's basic earnings per share for the period were 0.5058 yuan. In a move to reward shareholders, the board has proposed a cash dividend of 0.05 yuan per share (including tax).

The impressive financial performance was largely attributed to favorable market conditions. The prices of major rare earth products experienced substantial increases compared to the corresponding period in the previous year, which directly contributed to the notable expansion in operating revenue during the first half of the year.

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