Hong Kong Stocks Movement | CHINFMINING (01258) Surges Over 7% Post-Earnings as H1 Shareholder Profit Grows 20.2% YoY, Achieves M&A Breakthrough

Stock News
Aug 29

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10