Jiangxi Copper projects H1 2026 net profit surge of up to 104 %, targeting RMB 8.50 billion

Bulletin Express
07/08

Jiangxi Copper Company Limited released a positive profit alert for the six months ended 30 June 2026, indicating a sharp earnings rebound driven by internal efficiency gains and firmer commodity prices.

The group’s finance department estimates net profit attributable to shareholders at RMB 7.55 billion–RMB 8.50 billion for the period, up RMB 3.38 billion–RMB 4.33 billion versus RMB 4.17 billion a year earlier, translating into a year-on-year increase of 80.86 %–103.61 %.

Excluding non-recurring items, underlying profit is expected at RMB 7.63 billion–RMB 8.58 billion, a rise of RMB 3.28 billion–RMB 4.23 billion from the prior-year RMB 4.35 billion, representing growth of 75.43 %–97.27 %.

For reference, Jiangxi Copper reported total profit of RMB 5.42 billion and basic earnings per share of RMB 1.21 for the first half of 2025.

Management attributes the anticipated improvement to two main factors: 1. Operational upgrades and cost-reduction initiatives that widened profit margins through process optimisation and lower energy consumption. 2. A favourable year-on-year rise in market prices for key products, enabling the company to enhance its raw-material and product mix and capture higher profitability.

The figures are preliminary, unaudited results prepared under PRC GAAP. Detailed financial statements will be disclosed in the company’s 2026 interim report. Investors are reminded that share prices remain subject to market conditions and should consider associated risks accordingly.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10