Olay New Materials (688530.SH) released its first half results, turning a loss into a profit of 694.3338 million yuan

According to the Zhitong Finance App, Olay New Materials (688530.SH) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 508 million yuan, an increase of 133.43% over the previous year. Achieved net profit of 694.3338 million yuan attributable to shareholders of listed companies. Achieve net profit of 70.882,500 yuan, which is attributable to shareholders of listed companies after deducting non-recurring profit and loss. During the reporting period, revenue increased by 133.43% over the same period last year, mainly due to the rapid growth rate of revenue from the target materials business, metal materials and processed parts.

During the reporting period, net cash flow from operating activities increased by 1,439.29% over the same period last year, mainly due to a sharp increase in cash received from sales products compared to the previous period.