Minmetals New Energy (688779.SH) announced semi-annual results, with net profit of 378 million yuan to mother, turning a year-on-year loss into profit

According to Zhitong Finance App News, Minmetals Xinneng (688779.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved revenue of 7.812 billion yuan, an increase of 169%; net profit attributable to shareholders of listed companies was 378 million yuan, which turned a year-on-year loss into a profit; after deducting non-net profit of 373 million yuan, the year-on-year loss turned into a profit; and basic earnings per share were 0.20 yuan.

The increase in performance is mainly due to the continuous expansion of demand in the new energy materials market during the reporting period, and the increase in sales volume of the company's products; at the same time, the price of upstream materials rose, the company raised the unit price of products, and achieved a significant increase in revenue.