Ningbo Ronbay New Energy Tech LtdSwing to profit with 109M yuan net profit, revenue up 39.57% YoY, and strong QoQ growth.

Ronbay Technology released its 2026 semi-annual report, achieving operating revenue of 8.721 billion yuan, up 39.57 percent year-on-year, and net profit attributable to shareholders of the listed company of 109 million yuan, swinging from a loss to a profit. The turnaround was mainly due to increased shipments from overseas customers, growth in sales of ternary cathode materials and sodium-ion cathode materials, full production and sales of lithium manganese iron phosphate, and rising raw material prices. The company's second-quarter net profit was 98 million yuan, compared with 12 million yuan in the first quarter, representing a quarter-on-quarter increase of 743 percent.
Ningbo Ronbay New Energy Tech LtdSwing to profit with 109M yuan net profit, revenue up 39.57% YoY, and strong QoQ growth.