Xianglu Tungsten (002842.SZ) released its first three quarters performance, with net profit attributable to the parent company of 493 million yuan, a year-on-year increase of 851.48%.

Zhitong Finance APP News, Xianglu Tungsten (002842.SZ) released its 2026 third-quarter report. In the first three quarters, the company achieved operating revenue of 3.867 billion yuan, up 139.30% year on year; net profit attributable to shareholders of the listed company was 493 million yuan, up 851.48% year on year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 478 million yuan, up 934.89% year on year; basic earnings per share were 1.5 yuan. The company's performance growth was mainly due to an increase in sales revenue caused by rising tungsten prices.