On April 8, Canmax announced that it expects the net profit attributable to shareholders of the listed company for the first quarter of 2026 to be between Yuan 900 million and 1.05 billion, representing a year-on-year increase of 27,517.53% to 32,120.45%.
During the reporting period, driven by growing downstream demand for energy storage and power batteries, the company's lithium battery materials business saw a significant increase in profit. The company estimates that the impact of non-recurring gains and losses on the net profit attributable to shareholders of the listed company for Q1 2026 will be approximately Yuan 22 million.
Edited by Cassie Li, lixiangying@mysteel.com
