Vanadium Titanium Shares disclosed its earnings forecast, expecting net profit attributable to the parent company of 200 million to 240 million yuan in the first half of 2026, compared with a loss of 199 million yuan in the same period last year, achieving a year-on-year turnaround. Deducted non-recurring profit is expected to be 188 million to 228 million yuan, compared with a loss of 201 million yuan a year earlier. Basic earnings per share are expected to be 0.0216 to 0.0259 yuan. The company said the profit growth was mainly due to a year-on-year increase in vanadium product prices during the reporting period. The company seized market opportunities to coordinate production and sales, and promoted cost reduction and efficiency improvement, leading to a year-on-year decline in the cost of major products.
Pangang Group Vanadium Titanium & Resources Co LtdExpects profit turnaround due to year-on-year increase in vanadium product prices.