Ximei Resources (HKG:9936) expects an attributable profit of between 81.8 million yuan and 100 million yuan in the first half of 2025, up from 62.3 million yuan a year prior, a late Monday Hong Kong bourse filing said.

Shares of the tantalum- and niobium-based metallurgical products manufacturer were up over 12% in Tuesday afternoon trading.

The firm attributed the forecast to a higher revenue driven by a rise in sales volume and improved gross profit margins, as well as lower administrative and other operating expenses.