On April 16, Huayou Cobalt announced that in the first quarter of 2026, its operating income was 25.804 billion yuan, an increase of 44.62% over the same period last year. The net profit attributable to shareholders of listed companies was 2.497 billion yuan, an increase of 99.45% over the same period last year. The increase in
performance was mainly due to the increase in product sales and the rebound in metal prices, as well as the rebound in metal prices such as nickel, cobalt and lithium and the continuous release of the company's industrial integration advantages.
It is worth noting that, also benefiting from this, in 2025, the company's operating income exceeded 80 billion yuan for the first time, reaching 81.019 billion yuan; the net profit attributable to the parent company was 6.110 billion yuan, also a record high.
Huayou Cobalt focuses on new energy business, focusing on research and development, production and sales of lithium cathode materials, covering ternary cathode materials and lithium cobalt oxide materials.
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