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Express News | Six listed companies in the rare earth industry disclosed their first-quarter reports, with Northern Rare Earth reporting a 113% year-on-year increase in net profit.
Zhongke Sanhuan (000970): Persistent strength in rare earth prices is expected to accelerate the pace of profit recovery.
Event: On April 24, the company disclosed its Q1 2026 report. In Q1 2026, the company achieved revenue of 1.677 billion yuan, representing a year-on-year increase of 14.79% and a quarter-on-quarter decrease of 6.37%, with a gross margin of 13%. The net profit attributable to shareholders was...
Zhongke Sanhuan (000970): Performance improvement and strategic focus on axial flux motor magnetic materials
Zhongke Sanhuan released its Q1 report for 2026, achieving revenue of 1.677 billion yuan (yoy+14.79%, qoq-6.37%) and net profit attributable to shareholders of 16.3958 million yuan (yoy+21.54%,
Zhongke Sanhuan: First Quarter Report for 2026
Zhongke Sanhuan (000970.SZ) released its Q1 earnings report, with a net profit attributable to shareholders of 16.3958 million yuan, representing a year-on-year increase of 21.54%.
Zhongke Sanhuan (000970.SZ) released its first-quarter report for 2026. In the first quarter, the company achieved operating revenue of 1.677 billion yuan, representing a year-on-year increase of 14.79%. Net profit attributable to shareholders of the listed company amounted to 16.3958 million yuan, increasing by 21.54% year-on-year. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses reached 8.272 million yuan, reflecting a year-on-year growth of 17.19%.
Two major giants announce: rare earth price hike!
Baotou Steel and Northern Rare Earth jointly announced an increase in the related-party transaction price for rare earth concentrate for the second quarter of 2026.