Western Mining: Net profit for the first half of 2026 reached 4.169 billion yuan, a year-on-year increase of 123%.
West Mining announced that the company will hold its 2026 semi-annual performance briefing on August 14, 2026, with President Zhou Huarong and others in attendance. In the first half of the year, the company's net profit was approximately 4.169 billion yuan, a year-on-year increase of 123%. In response to investor inquiries, the company stated that the first-half performance had low correlation with the inventory of low-cost raw materials, and this factor would not have a significant impact on the performance in the second half of the year; accounts receivable are expected to be collected on schedule; the resource tax policy has not been officially released, so the impact cannot be estimated at this time; there are no dividend plans for the 2026 semi-annual period; the company's ESG rating ranks among the top in the domestic industry, managed by the Board Affairs Department; the company holds equity in companies related to lithium resources, which will strengthen the main business and achieve the appreciation of state assets.
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