Xianglu Tungsten Industry: Net profit is expected to grow year-on-year by 2,347.83% to 3,435.76% in the first half of 2026.

Xianglu Tungsten Industry announces that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be 450 million yuan–650 million yuan, up 2347.83%–3435.76% from 18.3836 million yuan in the same period last year; net profit after deducting non-recurring gains and losses is expected to be 435 million yuan–635 million yuan, up 4493.40%–6605.31% from 9.4701 million yuan in the same period last year. Basic earnings per share are expected to be 1.38 yuan/share–1.99 yuan/share. The increase in performance is mainly due to the main products benefiting from higher tungsten prices, with increases in raw material prices being smoothly passed on to downstream customers.
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