Xinxin Mining forecasts 1.27 billion-RMB H1 revenue and 259% profit surge on stronger metal prices

Bulletin Express
07/23

Xinjiang Xinxin Mining Industry Co., Ltd. (Xinxin Mining) issued a positive profit alert for the six months ended 30 June 2026, projecting a marked improvement in both revenue and earnings.

The Group expects unaudited consolidated revenue of approximately RMB1.27 billion, up 13.2% from RMB1.12 billion in the prior-year period. Net profit attributable to shareholders is projected at about RMB257.30 million, representing a 259.4% increase from RMB71.60 million a year earlier.

Management attributed the robust performance primarily to higher average selling prices for nickel cathode, copper cathode and other products during the reporting period.

These figures are based on preliminary management accounts and have not yet been reviewed by auditors. The formal interim results are scheduled for release in late August 2026.

The company urged shareholders and potential investors to exercise caution when trading its shares until the finalized results are disclosed.

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