CHINFMINING (01258) surged over 7% following its earnings announcement. As of press time, the stock was up 7.01% to HK$10.23, with a turnover of HK$83.47 million.
On the news front, CHINFMINING announced its interim results for 2025 on August 28. During the period, the company achieved revenue of US$1.752 billion; net profit of US$371 million, up 22.5% compared to the same period in 2024; and profit attributable to company owners of US$263 million, up 20.2% compared to the same period in 2024. The group's basic earnings per share attributable to owners was approximately 6.75 US cents (equivalent to approximately HK$0.53), compared to 5.75 US cents (equivalent to approximately HK$0.45) in the same period of 2024, representing an increase of approximately 17.4%.
From January to June 2025, the company produced a total of 111,283 tons of crude copper and anode copper, down 30.4% year-on-year; produced 72,192 tons of cathode copper, up 15.6% year-on-year; produced 481 tons of cobalt content in cobalt hydroxide, up 1.7% year-on-year; produced 538,433 tons of sulfuric acid, down 1.9% year-on-year; produced 1,466 tons of liquid sulfur dioxide, down 85.5% year-on-year; and processed 102,708 tons of copper products on behalf of external enterprises, up 152.9% year-on-year.
Notably, during the first half of the year, the company further strengthened its investor relations maintenance work, maintaining positive interactions with domestic and overseas investors. Through maintaining a high dividend payout ratio, the company actively rewarded shareholders, and its performance in the secondary market has been recognized by investors.
In June, the company announced its subscription for a partial stake in Kazakhstan's Benkala copper mine, with plans to further acquire shares to achieve controlling interest. This represents a breakthrough in the company's external mergers and acquisitions efforts after many years, marking the beginning of a new chapter in the company's development.