On April 27, Youngy Co., Ltd. announced that in the first quarter of 2026, it achieved operating revenue of Yuan 376 million, a year-on-year increase of 295.77%. The net profit attributable to shareholders of the listed company was Yuan 278 million, an increase of 1,296.26% YoY. The performance change was mainly attributed to the increase in production and sales volume of lithium concentrate and the rise in its prices during the reporting period, which led to higher profits from the lithium mining and processing business, combined with an increase in investment income.
Note: The company's Q1 net profit was Yuan 278 million, compared with Yuan 135 million in Q4 2025. Based on this, Q1 net profit increased by 106% quarter-on-quarter.
Edited by Cassie Li, lixiangying@mysteel.com
