China Rare Color (600259.SH) announced its first-half results, with net profit of 403 million yuan to mother, an increase of 456.51% over the previous year

Zhitong Finance App News, China Rare Color (600259.SH) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 2,506 billion yuan, a year-on-year decrease of 6.38%. Net profit attributable to shareholders of listed companies was 403 million yuan, an increase of 456.51% over the previous year. Achieved net profit of 404 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 340.23% over the previous year.

Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss increased by 312.22,500 yuan over the previous period, mainly due to changes in the rare earth industry supply and demand patterns and the steady rise in prices of major rare earth products in the first half of the year. The company seized market opportunities to increase gross sales profit through innovative integrated business models, and the participating company Dabaoshan Company seized market opportunities to stabilize production and high production to achieve efficiency growth. The investment income confirmed by the company under the Equity Law increased year-on-year.

Net operating cash flow was -176.2476 million yuan, a net cash outflow from operating activities of $101.1003 million compared to the previous period. The main reason was operating cash outflow due to increased inventory reserves and accounts receivable during the reporting period. In the same period last year, large notes receivable held at the beginning of the year were used as a discount to increase operating cash inflows, so the net operating cash outflow for the same period last year was relatively small.