XIMEI RESOURCES Posts 101% Surge in Interim Profit Attributable to Shareholders

Stock News
Aug 27

XIMEI RESOURCES (09936) has announced its interim results for the six months ended June 30, 2026, revealing a substantial surge in profitability. The group recorded revenue of RMB 1.453 billion, representing a year-on-year increase of 52.2%, while profit attributable to owners of the company soared to RMB 185 million, marking a 101% jump from the prior corresponding period.

Earnings per share stood at RMB 0.48, and the company declared a final dividend of HK 6.58 cents per share for the fiscal year 2025. According to the announcement, during the review period, the group's revenue from the sale of compound products reached approximately RMB 433 million, a significant rise from around RMB 234 million in the first half of 2025, an increase of approximately 85.0%.

The growth was primarily driven by a notable uptick in sales volumes of tantalum and niobium wet-process compounds in the first half of the year. Specifically, high-purity niobium sales surged by roughly 50% year-on-year. Furthermore, the selling prices of core products, particularly tantalum wet-process materials, experienced considerable year-on-year appreciation during the reporting period, contributing to the robust financial performance.

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