Xianglu Tungsten Industry (002842.SZ) announced first-half results, with net profit of 482 million yuan to mother, an increase of 2522.40% over the previous year

According to the Zhitong Finance App, Xianglu Tungsten Industry (002842.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 2,633 billion yuan, an increase of 182.85% over the previous year. Achieved net profit attributable to shareholders of listed companies of 482 million yuan, an increase of 2522.40% over the previous year. Achieved net profit of 469 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 4855.41% over the previous year.

The sharp year-on-year increase in performance during the reporting period was mainly due to the company's steady sales volume as a major domestic manufacturer of tungsten products and tungsten materials. The main products benefited from rising tungsten prices, and the smooth transmission of raw material prices to downstream products provided important support for performance growth. As of the end of the reporting period, the revenue amount corresponding to on-hand orders was 1,503.7825 million yuan.