Shengxin Lithium swings to first-half net profit of 1.012 billion yuan

Earnings
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Shengxin Lithium disclosed its half-year report, achieving net profit attributable to shareholders of the listed company of 1.012 billion yuan in the first half of 2026, compared with a loss of 841 million yuan in the same period last year, turning from loss to profit year on year. The company's total operating revenue in the first half was 7.358 billion yuan, up 355.94 percent year on year, with basic earnings per share of 1.11 yuan. Benefiting from the continued recovery in the lithium salt market, the selling prices of lithium salt products rose sharply compared with the same period last year. At the same time, the company optimized production efficiency and promoted cost control and efficiency improvement, and production capacity at its Indonesian lithium salt plant was substantially released, achieving increases in both volume and price for lithium salt products, with operating performance significantly improved compared with the same period last year.

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