Shenghe Resources (600392.SH) has increased ahead of schedule. Net profit due to mother is estimated to be 1.1 billion yuan to 1.23 billion yuan in the first three quarters, an increase of 39.66% to 56.17% over the previous year

Zhitong Finance App News, Shenghe Resources (600392.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies of 1.1 billion yuan to 1.23 billion yuan in the first three quarters of 2026, an increase of 39.66% to 56.17% over the previous year.

During the reporting period, due to factors such as changes in the market supply and demand pattern, the overall market demand for major rare earth products improved, and the prices of major rare earth products fluctuated at a high level. The company grasped market opportunities, optimized production and marketing structure, strengthened management empowerment and cost control, and achieved significant growth in business performance compared with the same period last year.