JINXUN RESOURCE (03636) has announced a positive profit alert, expecting a significant jump in its interim financial performance.
According to the company's filing, for the period from January 1, 2026, to June 30, 2026, JINXUN RESOURCE anticipates net profit attributable to shareholders of the parent company to be between RMB 210 million and RMB 240 million. This represents a substantial year-on-year increase of 55.58% to 77.80%.
The primary driver behind this major change in performance is the company's cathode copper products. The average selling price of these products has risen notably, driven by the increase in copper prices on the London Metal Exchange.