On April 29, Qinghai Yanhu Industry Co., Ltd. announced that for the first quarter of 2026, it achieved operating revenue of Yuan 6.432 billion, a year-on-year increase of 94.89%. Its net profit attributable to shareholders of the listed company reached Yuan 3.027 billion, a year-on-year increase of 154.78%. The performance change was mainly attributable to the year-on-year increases in both sales volume and prices of potassium chloride and lithium carbonate during the reporting period.
Note: The company's Q1 net profit was Yuan 3.027 billion, compared with Yuan 3.973 billion in Q4 2025. Based on this calculation, Q1 net profit decreased by 23% quarter-on-quarter.
Edited by Cassie Li, lixiangying@mysteel.com
