One and One Green Technologies says H1 net income rises to USD 4.49 million
YDDL•For the six months ended June 30, 2026, One and One Green Technologies’ net income rose 17.42% to USD 4.49 million as revenue increased 18.67% to USD 33.38 million. Gross margin fell to 21.73% from 25.32%.
1. Revenue and net income
Revenue rose 18.67% to USD 33.38 million, driven by higher copper alloy ingot sales volumes and a mix shift toward copper. Net income increased 17.42% to USD 4.49 million, helped by USD 1.12 million in net other income from currency effects.
2. Costs and margins
Gross margin declined to 21.73% from 25.32% as raw material costs per kilogram rose 38.82%, compared with price gains of 32.45%. Operating income slipped to USD 4.99 million as general and administrative costs rose on professional fees and staffing buildout.
