Luoyang Molybdenum's Q1 net profit surged 97% to 7.76 billion yuan, with gross margins of copper, cobalt, and tungsten all rising | Financial Report Highlights
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Luoyang Molybdenum Industry disclosed its first quarter report for 2026. The company achieved operating income of 66.4 billion yuan, a year-on-year increase of 44.34%; net profit attributable to the parent company was 7.76 billion yuan, up 96.65% year-on-year. Basic earnings per share increased from 0.18