[Youngy: Q3 Net Profit Up 707% YoY, Down 34% QoQ]

Published: Oct 27, 2026 22:01 (GMT+8)

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Youngy announced that Q3 revenue was RMB915 million, up 343.61% YoY; net profit attributable to shareholders was RMB472 million, up 706.71% YoY. For the first three quarters, revenue was RMB2.439 billion, up 378.58% YoY; net profit attributable to shareholders was RMB1.473 billion, up 925.78% YoY. The change in performance was mainly due to substantial YoY increases in lithium concentrate output, sales volume and selling prices, as well as a substantial increase in net profit at associated lithium salt company Chengdu Youngy Lithium, which led to significant YoY profit growth.

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