Xiamen Tungsten Xinneng (688778.SH) announced semi-annual results, with net profit of 491 million yuan to mother, an increase of 46.62% over the previous year

According to Zhitong Finance App News, Xiamen Tungsten (688778.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating income of 14.488 billion yuan, an increase of 91.09%; net profit attributable to shareholders of listed companies was 491 million yuan, up 46.62% year on year; after deducting non-net profit of 488 million yuan, up 67.90% year on year; basic income per share was 0.98 yuan; the company plans to pay a cash dividend of 3 yuan (tax included) for every 10 shares.

During the reporting period, the company's sales volume of lithium battery cathode material products was 66,600 tons, an increase of 9.66% over the previous year. During the reporting period, the company achieved 292,000 tons of lithium cobalate sales (of which 4.5V and above high-voltage products accounted for 66.42%), an increase of 1.46% over the previous year. The market share further increased, and its leading position in the industry continued to be consolidated.

During the reporting period, the company's power battery cathode materials (including ternary materials, lithium iron phosphate and others) achieved sales volume of 37,300 tons, an increase of 17.08% over the previous year. In terms of hydrogen energy materials, the company's hydrogen storage alloy materials are widely used in hybrid models of internationally renowned car companies and in the civilian field. During the reporting period, the company achieved sales of 1,838.70 tons of hydrogen energy materials, and its leading position in the industry is stable. Among them, solid state hydrogen storage sales increased by 32.38% year on year, and the products are mainly used in hydrogen two-wheelers and hydrogen energy storage demonstration projects.