Galaxy Magnets disclosed its 2026 semi-annual report, with net profit attributable to the parent company reaching 117 million yuan in the first half, up 39.31% year on year. Total operating revenue for the same period was 543 million yuan, up 39.41% year on year. Net profit excluding non-recurring items was 116 million yuan, up 41.99% year on year. Net cash flow from operating activities was 179 million yuan, up 808.80% year on year. Basic earnings per share were 0.36 yuan, and the weighted average return on equity was 7.46%, up 1.81 percentage points year on year. The company is engaged in the research, development, production and sales of samarium cobalt magnets and hot-pressed neodymium iron boron magnets.
Chengdu Galaxy MagnetsFirst-half 2026 net profit up 39.31% year on year, with revenue and cash flow also rising strongly.
