Xiamen Tungsten Posts Record Interim Profit of RMB 2.2 Billion, Soaring 127% Year-on-Year

Stock News08-20

Xiamen Tungsten Co.,Ltd. (SH: 600549) has unveiled its financial results for the first half of 2026, showcasing exceptional performance driven by robust market conditions. The company achieved total operating revenue of RMB 35.01 billion during the reporting period, reflecting a substantial year-on-year increase of 81.70%.

Net profit attributable to shareholders of the listed company surged to RMB 2.20 billion, marking an impressive growth of 127.04% compared to the same period last year. After excluding non-recurring gains and losses, the company's net profit reached RMB 2.06 billion, up 122.81% year-on-year.

Earnings per share stood at RMB 1.3862 for the six-month period. In a move to reward shareholders, the board has proposed a cash dividend of RMB 4.20 per 10 shares, subject to tax withholding where applicable.

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