Shenghe Resources H1 Net Profit Up 135.24% to RMB 887 Million, Plans Dividend
Shenghe Resources reported a 135.24% year-on-year increase in net profit attributable to shareholders, reaching RMB 887 million for the first half of 2026. Revenue rose 41.76% to RMB 8.759 billion. The company proposed a cash dividend of RMB 0.5 per 10 shares, citing stronger rare earth demand and higher prices.
Shenghe Resources disclosed its semi-annual report for 2026. During the reporting period, the company achieved operating revenue of RMB 8.759 billion, up 41.76% year on year. Net profit attributable to shareholders of the listed company reached RMB 887 million, an increase of 135.24% compared with the same period last year. Basic earnings per share stood at RMB 0.5058.
The company plans to distribute a cash dividend of RMB 0.5 (pre-tax) for every 10 shares held by all shareholders.
According to the announcement, driven by rare earth industry policies and downstream demand during the reporting period, overall market demand for major rare earth products remained favorable, and product prices rose significantly compared with the previous year.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Energy Transition Metals, with intensity 80/100 and 85% confidence over a short term horizon.
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