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Hainan Mining (601969.SH) is forecasting an increase. Net profit due to mother is expected to increase by 92.31% to 124.36% year-on-year in the first three quarters
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According to the Zhitong Finance App, Hainan Mining (601969.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies in the first three quarters of 2026 of 600 million yuan to 700 million yuan. Compared with the same period last year, it will increase 288 million yuan to 388 million yuan, an increase of 92.31% to 124.36% over the previous year.

On the basis of stable operation in the first half of 2026, the company's integrated lithium resources industry chain further expanded the scale of production and sales in the third quarter by improving quality and efficiency, achieving a month-on-month increase in production of more than 24% and a month-on-month increase in sales of more than 33%. With the gradual release of production capacity, project processing costs continued to decline. Meanwhile, the battery-grade lithium hydroxide market price rose 116% year on year in the first three quarters. Driven by multiple factors, rising product prices, increasing production and sales scale, and falling unit costs, the lithium resources sector is strongly driving the company's overall profit growth.

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