[Lithium Battery: Huayou Cobalt's Q1 2026 Revenue Exceeds 25.8 Billion Yuan]
On April 16, Zhejiang Huayou Cobalt Co., Ltd. released its first quarter report for 2026. During the reporting period, Huayou Cobalt achieved operating revenue of 25.804 billion yuan, a year-on-year increase of 44.62%; total profit of 3.692 billion yuan, a year-on-year increase of 100.49%; net profit attributable to shareholders of the listed company of 2.497 billion yuan, a year-on-year increase of 99.45%; and net profit after deducting non-recurring gains and losses of 2.070 billion yuan, a year-on-year increase of 68.76%. As of the end of the first quarter, Huayou Cobalt's total assets reached 174.669 billion yuan, an increase of 9.55% compared to the end of the previous year.