Shenzhen Nonferrous Metals Sector Q3 Earnings Shine: Nearly 80% See Profit Growth, 16 Companies Post Doubled Net Profit

Deep News10-27

Statistics show that as of October 27, 2026, 56 of the 78 Shenzhen-listed A-share companies in the nonferrous metals sector have disclosed their third-quarter reports, with 78.6% of them reporting year-on-year net profit growth, and 16 companies achieving a doubling of net profit.

China Rare Earth achieved operating revenue of 1.011 billion yuan in the third quarter of 2026, up 63.19% year-on-year; net profit attributable to shareholders reached 171 million yuan, a sharp increase of 461.73% year-on-year, while non-recurring net profit stood at 170 million yuan, up 477.12% year-on-year, with quarter-on-quarter growth of 22.36%, 73.97%, and 66.05%, respectively.

Tongling Nonferrous Metals recorded operating revenue of 184.463 billion yuan in the first three quarters, up 51.33% year-on-year; net profit attributable to shareholders was 5.047 billion yuan, up 184.75% year-on-year; non-recurring net profit attributable to shareholders reached 5.133 billion yuan, up 201.22% year-on-year.

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