GEM Reports H1 2026 Revenue of RMB 17.99 Billion, Net Profit Up 34.68%
GEM Co. , Ltd. posted first-half 2026 revenue of RMB 17.99 billion, up 2.43% year on year, with net profit attributable to shareholders reaching RMB 1.08 billion, a 34.68% increase. The company proposed a cash dividend of RMB 0.32 per 10 shares. Key metal recycling revenue rose 33.78%, while new energy materials manufacturing declined 13.77%.
GEM Co. , Ltd. released its semi-annual report on August 28, 2026. In the first half of 2026, the company achieved operating revenue of RMB 17.99 billion, up 2.43% year on year. Net profit attributable to shareholders of the listed company reached RMB 1.08 billion, an increase of 34.68% year on year. Basic earnings per share stood at RMB 0.21. The company proposed a cash dividend of RMB 0.32 (pre-tax) per 10 shares.
During the reporting period, the company's key metal recycling and extraction business generated operating revenue of RMB 7.16 billion, up 33.78% year on year, accounting for 39.81% of total sales. The power battery recycling business posted revenue of RMB 942 million, an increase of 8.70% year on year, representing 5.24% of total sales. The core new energy materials manufacturing business recorded revenue of RMB 8.82 billion, down 13.77% year on year, accounting for 49.03% of total sales.