Tibet Mining Swings to Profit in H1; Lithium Salt Prices Rise and Phase II Capacity Released

Tibet Mining's H1 net profit was RMB 60.0663 million, a year-on-year swing to profit; lithium salt selling prices rose year-on-year.

Core Facts

On August 10, 2026, Cailian Press reported that Tibet Mining (000762.SZ) disclosed its semi-annual report. In H1 2026, the company achieved operating revenue of RMB 541 million, up 304.58% year-on-year; net profit attributable to shareholders was RMB 60.0663 million, compared with a loss of RMB 15.305 million in the same period last year; basic earnings per share were RMB 0.115.

Performance Changes

The company plans to distribute a cash dividend of RMB 1.0 (tax inclusive) per 10 shares. During the reporting period, the selling price of the company's lithium salt products increased year-on-year, and the capacity of the Zabuya Phase II project was released. Cailian note: The company's Q2 net profit was RMB 41 million and Q1 net profit was RMB 19 million; based on this, Q2 net profit increased by 116% quarter-on-quarter.