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FLASH: Chengxin Lithium H1 2026 net profit soars 220% to Yuan 1.01 billion on rebounding lithium salt market and Indonesian capacity ramp-up

Source: Mysteel Aug 26, 2026 14:51
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Lithium

On August 26, Chengxin Lithium released its interim report for the first half of 2026. During the reporting period, benefiting from the continued recovery in the lithium salt market, the company's lithium salt product selling prices increased significantly year-on-year. Meanwhile, the company continuously optimized production efficiency and pursued cost control and efficiency enhancement measures, while its Indonesian lithium salt plant achieved a substantial ramp-up in production capacity. As a result, the company recorded both higher sales volume and higher prices for its lithium salt products in H1, leading to a marked improvement in operating performance compared with the same period last year.

 

During the reporting period, the company achieved operating revenue of Yuan 7.358 billion, representing a year-on-year increase of 355.94%. Its net profit attributable to shareholders of the listed company reached Yuan 1.012 billion, up 220.30% YoY. As of the end of the reporting period, the company's total assets stood at Yuan 29.927 billion, an increase of 33.15% YoY. And net assets attributable to shareholders of the listed company amounted to Yuan 11.281 billion, up 10.06% YoY.

 

Edited by Cassie Li, lixiangying@mysteel.com

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