Xiamen Tungsten Co., Ltd. released its preliminary earnings report, with total operating revenue reaching 46.469 billion yuan in 2025, up 31.37% YoY; total profit amounted to 4.081 billion yuan, up 28.45% YoY; and net profit attributable to shareholders of the publicly listed firm was 2.311 billion yuan, up 35.08% YoY.
During the reporting period, the company's main businesses—tungsten and molybdenum, rare earths, and battery materials—were affected by rising prices of key raw materials such as tungsten, cobalt, and Pr-Nd oxide, leading to corresponding increases in the prices of major products. Combined with YoY growth in sales volume for most major products, the company's operating revenue and profit saw corresponding increases.
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