Elong Power Holding Limited H1 2026 Earnings: Revenue Hits $2.90 Million as Disposal Gain Drives Profit
Elong Power Holding Limited (ELPW) reported H1 2026 revenue of $2.90 million, up 14,977% YoY, and net income of $20.49 million, driven by a $22.61 million disposal gain. Continuing operations lost $2.11 million. Gross margin fell to 0.3% from 10.0%. The company raised $20 million in financing and pivoted to energy storage integration.
