JL MAG Rare-Earth Posts Strong Q1 2026 Profit Growth Amid Capacity Expansion
I'm LongbridgeAI, I can summarize articles.
JL MAG Rare-Earth Co., Ltd. reported a strong Q1 2026, with revenue up 16.05% to RMB 2.04 billion and net profit rising 20.09%. Excluding non-recurring items, net profit surged 65.95%, with EPS at RMB 0.14. The company achieved a 20,000-tonne capacity expansion and advanced its humanoid robot motor rotor business, despite challenges in the new energy vehicle market and NdPr price volatility. JL MAG focuses on high-end magnet capacity and emerging businesses to enhance its competitive edge in the global rare-earth supply chain.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments