Wanrun Xinneng (688275.SH) announced semi-annual results, with net profit of 602 million yuan to mother, turning a year-on-year loss into profit

According to Zhitong Finance App News, Wanrun Xinneng (688275.SH) disclosed the 2026 semi-annual report. During the reporting period, the company achieved operating income of 12.426 billion yuan, an increase of 180.13%; net profit attributable to shareholders of listed companies was 602 million yuan, turning a year-on-year loss into a profit; net profit after deducting non-recurring profit and loss of 682 million yuan, turning a year-on-year loss into a profit. Basic earnings per share were $4.89.

During the reporting period, the company achieved operating income of 12.426 billion yuan, an increase of 180.13% over the same period last year, mainly due to the fact that prices of major raw materials such as lithium carbonate rose compared to the same period of the previous year, which led to an increase in sales prices of the company's products. As demand in the downstream market increased, the company's sales volume of lithium iron phosphate increased 63.22% over the same period last year, and revenue increased significantly compared to the same period last year.

During the reporting period, the company's main financial indicators such as total profit, net profit attributable to owners of the parent company, and earnings per share changed from negative to positive in the same period of the previous year. The main reason was that production and sales of the company's core product, lithium iron phosphate, increased sharply year-on-year, and large-scale production effects were released, and the gross margin of this product increased compared to the same period last year.