Fuda Alloy Materials Co LtdFirst-half net profit surged 1146.56% on strong revenue growth across key sectors.
Fuda Alloy disclosed its 2026 half-year report on the evening of August 28. In the first half, the company achieved operating revenue of 4.399 billion yuan, up 96.35% year on year; net profit attributable to shareholders of the listed company was 310 million yuan, up 1146.56% year on year. The company mainly produces electrical contact materials, which are widely used in new energy, automobiles, data centers and other fields. In the first half, the company's revenue in the automobile, including new energy vehicles, and energy storage sectors was 273 million yuan and 89.6346 million yuan respectively, up 273.51% and 154.93% year on year; revenue from data center-related downstream business reached 82.0337 million yuan, with increased penetration among top customers. Revenue from overseas and high-end customers reached 696 million yuan, up 99% year on year, accounting for about 16% of total revenue. On the eve of the half-year report disclosure, the company's share price hit the daily limit, with a cumulative increase of more than 200% during the year.
Fuda Alloy Materials Co LtdFirst-half net profit surged 1146.56% on strong revenue growth across key sectors.