Zangge Mining first-half net profit doubles, plans 10 yuan dividend per 10 shares

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Zangge Mining disclosed its 2026 half-year report, with net profit attributable to the parent company reaching 3.638 billion yuan, up 102.09 percent year-on-year. The company achieved revenue of 2.065 billion yuan, up 23.05 percent, and net profit attributable to the parent after deducting non-recurring items was 3.706 billion yuan, up 104.92 percent. The performance growth was mainly driven by the coordinated efforts of its three major segments: potash, lithium, and copper. Among them, the lithium carbonate business recorded revenue of 582 million yuan, up 118.22 percent, with a gross margin of 71.08 percent, an increase of 40.55 percentage points year-on-year. The associate company Julong Copper contributed significantly, and the company has already received an interim dividend of 615.6 million yuan from it. The company plans to distribute a cash dividend of 10 yuan for every 10 shares to all shareholders, totaling 1.564 billion yuan, with the dividend plan remaining unchanged from the same period last year.

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