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Shengxin Lithium Energy: Net profit is expected to be 1.0 billion–1.2 billion yuan in the first half of the year, turning from a loss to a profit year-on-year.

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Shengxin Lithium Energy Co., Ltd. announced that it expects net profit attributable to shareholders of the listed company for the period from January 1, 2026 to June 30, 2026 to be RMB 1.0 billion to RMB 1.2 billion, compared with a loss of RMB 841 million in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be RMB 1.3 billion to RMB 1.5 billion, compared with a loss of RMB 894 million in the same period last year. During the reporting period, benefiting from the rapid development of the global new energy industry, the sales prices of the company’s lithium salt products rose significantly from the same period last year. The company continued to optimize production efficiency and implement cost controls and efficiency gains; its lithium salt plant in Indonesia saw a substantial release of capacity. In the first half of the year, the company’s lithium salt products achieved both volume and price growth, and its operating performance improved markedly compared with the same period last year.
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