Xizang Zhufeng Resources (600338) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 847.56 million, up 47.88% year-over-year, driven by sustained high metal prices and increased sales volume.

• Net profit attributable to shareholders was RMB 179.82 million, a 42.73% increase compared to the same quarter last year.

• Operating efficiency improved and production costs declined, contributing to higher profitability.

Financial highlights

• Operating income: RMB 847.56 million, up 47.88% year-over-year.

• Net profit attributable to shareholders: RMB 179.82 million, up 42.73% year-over-year.

• Operating cash flow: RMB 119.38 million, up 15.62% year-over-year.

• Basic and diluted EPS: RMB 0.1967, up 42.74% year-over-year.

• Total assets at quarter-end: RMB 6.86 billion, up 0.08% from year-end 2025.

Outlook and guidance

• Continued high metal prices and strengthened production oversight are expected to support future growth.

• Policy adjustments in Tajikistan since June 2025 have led to higher taxes and surcharges.