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FLASH: Hanrui Cobalt reports 51.07% net profit growth in Q1 2026, driven by copper and nickel sales

Source: Mysteel Apr 23, 2026 09:09
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Cobalt Nickel

On the evening of April 22, Hanrui Cobalt announced that for the first quarter of 2026, it achieved operating revenue of Yuan 1.865 billion, representing a year-on-year increase of 24.19%. Its net profit attributable to shareholders of the listed company was Yuan 64.7465 million, up 51.07% YoY. And basic earnings per share were Yuan 0.2. The report indicated that the growth in operating revenue was mainly driven by higher sales volume and prices of copper products, as well as sales of nickel products.

 

Edited by Cassie Li, lixiangying@mysteel.com

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