FLASH: Tengyuan Cobalt reports 330% surge in Q1 net profit to Yuan 531 Million

On April 20, Tengyuan Cobalt announced that the company achieved operating revenue of Yuan 2.559 billion in the first quarter of 2026, representing a year-on-year increase of 75.13%. The net profit attributable to shareholders of the listed company was Yuan 531 million, up 330.11% YoY, with basic earnings per share of Yuan 1.80.

Edited by Cassie Li, lixiangying@mysteel.com