---
title: "JL MAG forecasts sharp profit growth for first half of 2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291422598.md"
description: "JL MAG Rare-Earth Co., Ltd. (HK:6680) forecasts a sharp profit growth for the first half of 2026, with net profit attributable to shareholders expected to reach RMB400 million to RMB460 million, representing a year-on-year increase of 31% to 51%. Profit excluding non-recurring items is projected to rise by 57% to 83%, indicating improved core profitability and strong operating momentum."
datetime: "2026-07-01T12:07:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291422598.md)
  - [en](https://longbridge.com/en/news/291422598.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291422598.md)
generator: "portal-rs"
---

# JL MAG forecasts sharp profit growth for first half of 2026

JL MAG Rare-Earth Co., Ltd. Class H ( (HK:6680) ) has issued an announcement.

JL MAG Rare-Earth Co., Ltd., a Chinese producer of high-performance rare-earth permanent magnets, supplies critical magnetic materials to sectors including new energy vehicles, wind power and industrial automation. The company leverages its rare-earth processing capabilities to support strategic industries that depend on stable, high-specification magnet solutions.

The group expects a strong interim performance for the first half of 2026, projecting net profit attributable to shareholders of RMB400 million to RMB460 million, up about 31% to 51% year on year. Profit after excluding non-recurring items is forecast to rise 57% to 83%, with second-quarter earnings also showing sharp gains, underscoring improved core profitability and signalling a solid operating momentum for investors despite the figures remaining unaudited.

**More about JL MAG Rare-Earth Co., Ltd. Class H**

JL MAG Rare-Earth Co., Ltd. is a Chinese rare-earth materials producer focused on manufacturing high-performance rare-earth permanent magnets and related products. The company serves downstream sectors such as new energy vehicles, wind power, industrial automation and consumer electronics, positioning itself as a key supplier in strategic emerging industries that rely on advanced magnetic materials.

**Average Trading Volume:** 6,171,476

**Technical Sentiment Signal:** Hold

**Current Market Cap:** HK$44.29B

For a thorough assessment of 6680 stock, go to TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**