Stock Track | JIAXIN INTL RES Soars 7.95% Intraday on Turnaround Profitability and Optimistic Production Outlook

Stock Track

04/16

JIAXIN INTL RES's stock soared 7.95% during the intraday trading session on Thursday.

The surge follows the company's reported financial turnaround for 2025, with revenue of HK$1.063 billion and a profit of HK$305 million, marking a recovery from a loss in the previous year. The company's revenue is entirely derived from scheelite concentrate, having produced 5,008 tonnes and sold 4,879 tonnes since commencing commercial operations in April 2025.

With increasing capacity utilization and operational improvements, the company's cost structure is expected to further improve. Production is projected to grow to around 9,000 tonnes in 2026, and by 2027, with the commissioning of the second-phase waste disposal project, annual output is expected to stabilize at over 13,000 tonnes.

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