Zhongtung High-Tech: Net Profit Expected to Surge 219%-241% Year-on-Year in First Three Quarters of 2026

36Kr reports that Zhongtung High-Tech announced its net profit attributable to the parent company for the first three quarters of 2026 is expected to range from 2.9 billion to 3.1 billion yuan, representing a year-on-year increase of 219%-241% on a restated basis; non-recurring profit is also projected at 2.9 billion to 3.1 billion yuan, up 271%-297%. The performance growth is primarily driven by rising tungsten concentrate average prices, improved profitability of tungsten concentrates and powder products, and simultaneous volume and price increases in the PCB micro-drill business.