Chengxin Lithium's H1 Net Profit Turns Positive at RMB 1.012 Billion

Published: Aug 24, 2026 19:07

Save

【Chengxin Lithium's H1 Net Profit Turns Positive at RMB 1.012 Billion】 Chengxin Lithium reported operating revenue of RMB 7.358 billion for the first half of 2026, up 355.94% year-on-year, while net profit attributable to shareholders reached RMB 1.012 billion, turning positive from a loss in the same period last year. The company previously said that higher lithium salt prices and increased production at its Indonesian lithium salt plant drove strong growth in both lithium product volumes and prices, significantly improving its operating performance.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Tengyuan Cobalt's H1 Net Profit Rises 87.82%, Black Mass Feed Intake Up 94.22%

【Tengyuan Cobalt's H1 Net Profit Rises 87.82%, Black Mass Feed Intake Up 94.22%】 Tengyuan Cobalt reported operating revenue of RMB 6.089 billion in the first half of 2026, up 72.36% year-on-year, while net profit attributable to shareholders rose 87.82% to RMB 881 million. During the period, black mass feed intake at its Ganzhou facility increased 94.22% year-on-year, with significant growth in recovered cobalt, nickel and lithium output. The company's annual black mass processing capacity has reached 50,000 tonnes, supporting its integrated recycling, purification and battery-materials value chain。

1 hour ago

DRIVN and Tata Motors Sign MoU to Explore Leasing and Financing Solutions for Electric Commercial Vehicles

【DRIVN and Tata Motors Sign MoU to Explore Leasing and Financing Solutions for Electric Commercial Vehicles】 Indian EV leasing platform DRIVN and Tata Motors have signed a memorandum of understanding to explore leasing and financing solutions for electric commercial vehicles in India. Under the agreement, DRIVN will offer customized leasing solutions for Tata Motors' electric commercial vehicle portfolio, aiming to simplify financing and leasing for fleet operators and accelerate the adoption of electric commercial vehicles.

1 hour ago

India's EzyFleet Raises INR 32 Million in Seed Funding to Expand EV Fleet

【India's EzyFleet Raises INR 32 Million in Seed Funding to Expand EV Fleet】 Mumbai-based electric fleet management company EzyFleet has raised INR 32 million in seed funding from Canada-based investment firm Saffron Maple Ventures. The company currently operates more than 150 electric three-wheelers and four-wheelers across 10 cities in India. The funding will be used to expand its EV fleet, geographic presence and operations.

1 hour ago