DA MING INT'L Reports Mid-Year Profit Surge of 214%

Stock News
08/26

DA MING INT'L (01090) has announced its interim results for the six months ended June 30, 2026, revealing a significant jump in profitability.

The group recorded revenue of RMB 21.903 billion, marking a 3.3% increase compared to the same period last year. Profit attributable to equity holders of the company reached RMB 23.82 million, representing a substantial year-on-year growth of 214.29%. Earnings per share stood at 1.87 cents.

Looking at the operational performance, sales volume from the stainless steel processing business saw a slight uptick, rising from 995,500 tonnes in the first half of 2025 to 996,200 tonnes in the first half of 2026, an increase of approximately 0.1%. Conversely, the carbon steel processing business experienced a marginal decline, with sales volume dropping from 2.3907 million tonnes to 2.3789 million tonnes over the same comparison period, a decrease of about 0.5%.

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