Jl Mag Rare-Earth (06680) Issues Profit Alert, Expects Net Profit Attributable to Parent for First Three Quarters of RMB 735 Million to RMB 800 Million, a Year-on-Year Increase of 42.59% to 55.20%
JL Mag Rare-Earth (06680) announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 (January 1, 2026 - September 30, 2026) to be RMB 735 million to RMB 800 million, a year-on-year increase of 42.59% to 55.20%; net profit attributable to shareholders of the listed company for the third quarter of 2026 (July 1, 2026 - September 30, 2026) is expected to be RMB 273 million to RMB 338 million, a year-on-year increase of 29.58% to 60.45%.
Jl Mag Rare-Earth (06680) has issued an announcement, expecting a net profit attributable to shareholders of the listed company for the first three quarters of 2026 (January 1, 2026 - September 30, 2026) of RMB 735 million to RMB 800 million, a year-on-year increase of 42.59% to 55.20%; for the third quarter of 2026 (July 1, 2026 - September 30, 2026), the net profit attributable to shareholders of the listed company is expected to be RMB 273 million to RMB 338 million, a year-on-year increase of 29.58% to 60.45%.
In the first three quarters of 2026, the company continued to consolidate its advantageous position in the new energy and energy-saving and environmental protection sectors, actively explored emerging markets, and achieved a year-on-year increase of approximately 40% in operating revenue. Among this, in the new energy vehicles and auto parts sector, operating revenue increased by approximately 40% year on year; in the Siasun Robot&Automation and industrial servo motor sectors, operating revenue increased by approximately 100% year on year. Benefiting from the continuous release of market demand for Siasun Robot&Automation, the company's related product revenue continued to rise, and its embodied Siasun Robot&Automation motor rotor products also achieved small-batch delivery.
During the reporting period, the impact of non-recurring gains and losses on net profit is expected to be approximately RMB 76 million.
During this reporting period, due to the A-share and H-share equity incentives and the issuance of H-share convertible bonds, related share-based payment expenses, financial expenses and other expenses totaled approximately RMB 175 million, compared with RMB 43.81 million in the same period last year.
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