厦门钨业业绩快报：2025年归母净利润23.11亿元，同比增长35.08%

Core Viewpoint - Xiamen Tungsten Co., Ltd. reported a strong performance for the fiscal year 2025, with significant growth in revenue and profit driven by its core businesses in tungsten, molybdenum, rare earths, and new energy materials [1] Financial Performance - The company achieved an operating revenue of 46.469 billion yuan, representing a year-on-year increase of 31.37% [1] - The total profit reached 4.081 billion yuan, up 28.45% year-on-year [1] - The net profit attributable to shareholders was 2.311 billion yuan, reflecting a 35.08% increase compared to the previous year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 2.162 billion yuan, marking a 42.36% year-on-year growth [1] Business Drivers - The main business segments, including tungsten, molybdenum, rare earths, and battery materials, benefited from rising prices of key raw materials such as tungsten, cobalt, and praseodymium-neodymium oxide [1] - The increase in prices of major products, along with a year-on-year growth in sales volume of most key products, contributed to the overall revenue and profit growth [1]