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Chinese industrial earnings reports

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2026-08-19 03:37 UTC → 2026-08-19 03:43 UTC · added ~~removed~~

CALB Group Co., Ltd. issued a profit alert for the first half of 2026, forecasting a net profit between RMB 1.506 billion and RMB 1.581 billion. This represents a year-on-year increase of approximately 100% to 110% compared to the RMB 753 million recorded in the same period the previous year. The company attributed this growth to an expanding customer base and increased application scenarios in passenger vehicles, commercial vehicles, and energy storage sectors. In the energy storage segment, CALB reported shipments exceeding 30 GWh in H1 2026. Chuangxin Industries also reported increased earnings for the first half of 2026, with revenue reaching RMB 11.53 billion and profit attributable to owners rising to RMB 2.30 billion. This performance was driven by rising aluminium prices and an integrated operating ~~model.~~ model encompassing power generation, alumina refining, and electrolytic aluminium smelting. This model helps mitigate risks from raw material and electricity price fluctuations. To support low-carbon sectors like electric vehicles, the company has commissioned 1,040MW of wind power and 110MW of solar capacity in Inner ~~Mongolia, aiming~~ Mongolia. Chuangxin aims for green electricity to constitute more than 50% of its aluminium production once its renewable energy program is fully ~~implemented.~~ implemented, which also helps lower production costs through increased renewable electricity usage and optimized funding structures.

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