Shenghe Resources (600392.SH) has an advance increase. Net profit due to mother is expected to be 800 million yuan to 930 million yuan for the half year, an increase of 112.25% to 146.75% over the previous year

Zhitong Finance App News, Shenghe Resources (600392.SH) announced that the company expects to achieve net profit of 800 million yuan to 930 million yuan in the half year of 2026, an increase of 112.25% to 146.75% over the previous year.

During the reporting period, due to factors such as rare earth industry policies and downstream demand, market demand for major rare earth products improved overall, and the average sales price of products increased significantly compared to the previous year. The company seizes market opportunities, optimizes production and marketing structures, and strengthens management empowerment and cost control, thereby driving significant growth in performance.