Asia
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.
SHE:300390
