Changes in Hong Kong stocks | Caike New Energy (01986) rose more than 6%, net profit surged more than 9 times in the first half of the year, and earnings increased 50% year on year

The Zhitong Finance App learned that Caike New Energy (01986) rose by more than 6%. As of press release, it had risen 6.21% to HK$0.94, with a turnover of HK$961,300.

According to the news, Caike New Energy announced its 2026 interim results, achieving revenue of about 1,413 billion yuan, an increase of about 51.4% year on year; gross profit of about 257.5 million yuan, an increase of about 120.5% year on year; profit attributable to company owners was 94.334 million yuan, an increase of about 912.7% year on year. Interim dividend of HK$0.015 per share. According to the announcement, the year-on-year increase in overall gross profit was mainly due to a sharp increase in sales volume and unit price of iron phosphate, the main product in the Group's battery materials sector, in the first half of 2026 compared to the same period in 2025 due to continued growth in downstream market demand.