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Canmax's Q1 Profit Skyrockets Nearly 16-Fold, Revenue Up 90%; Shares Surge 12%

-- Canmax Technologies' (SHE:300390) attributable profit surged nearly 16-fold in the first quarter of 2026 to 968.9 million yuan from 61.6 million yuan a year earlier, according to a Shenzhen Stock Exchange filing on Friday.

Earnings per share likewise grew to 1.17 yuan from 0.07 yuan a year prior.

Revenue surged 90% to 3.2 billion yuan from 1.69 billion yuan, which the lithium-ion battery materials manufacturer attributed to higher sales and selling price of its products.

Shares of the company jumped almost 12% in recent trade.

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