Qinghai Salt Lake Industry's Q1 2026 Revenue Reaches 6.432 Billion Yuan

Published: Apr 14, 2026 14:23

Save

On April 14, news emerged that Qinghai Salt Lake Industry disclosed its preliminary performance report for the first quarter of 2026. In Q1 2026, the company achieved operating revenue of 6.432 billion yuan, a year-on-year increase of 94.89%; net profit was 2.939 billion yuan, a year-on-year increase of 147.44%. During the reporting period, the company's potassium chloride production was approximately 877,300 tons, with sales of approximately 1.3297 million tons; lithium carbonate production was approximately 19,500 tons, with sales of approximately 16,800 tons. Driven by year-on-year increases in sales volume and prices, the profitability of the potassium chloride segment grew significantly.

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 to learn 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

30 mins ago

[Multiple Chinese-owned mining companies in Zimbabwe granted lithium concentrate export quotas]

Recently, new progress has been made in Zimbabwe's lithium concentrate exports. Chinese-owned companies including Sinomine Resource Group, Shengxin Lithium Energy, and Yahua Group have confirmed the matter. It is learned that the quota recipients include but are not limited to four major Chinese-owned mines. The quotas are tentatively set for a period of six months, with allocations based on each mine's current concentrator capacity. The quota amounts may be subject to certain adjustments in the future.

30 mins ago

1 hour ago

MIIT: Strengthening Supervision and Inspection of Production Consistency for Road Motor Vehicle Products

The General Office of the Ministry of Industry and Information Technology issued a notice on carrying out quality work in industry and information technology in 2026. The notice mentioned strengthening quality supervision and management. It called for coordinated efforts in central quality and food safety assessments, supporting national quality supervision and random inspection of products, conducting quality inspections on key products such as lithium batteries, PV modules, civil explosives, and radio transmission equipment, and strengthening supervision and inspection of production consistency of road motor vehicle products. It also called for guiding e-commerce platforms to carry out quality self-declarations for online-purchased products, intensifying random inspection efforts.

1 hour ago

CPCA: Total Wholesale Vehicle Volume Expected to Reach 34.8 Million Units in 2026, Up 1% YoY

Cui Dongshu, Secretary General of the CPCA, stated at the High-Level Forum on Intelligent EV Development (2026) that total vehicle wholesale volume in 2026 is expected to reach 34.8 million units, up 1% YoY, with total passenger vehicle wholesale volume at 30.09 million units, up 2% YoY. China sales are projected at 23.59 million units, down 1% YoY, while manufacturer exports are expected to reach 6.5 million units, up 13% YoY. Passenger NEV wholesale sales are projected at 17.3 million units, up 13% YoY.

1 hour ago