Nanshan Aluminum International Reports 74.8% Drop in Interim Profit to $62.7 Million

Stock News
Aug 19

Nanshan Aluminum International (02610) has released its interim results for the six months ended June 30, 2026, with revenue reaching $415 million, down 30.5% year-on-year, while profit attributable to shareholders stood at $62.7 million, a decrease of 74.8% from the prior period. Basic earnings per share were $0.1, with an interim dividend of HK$0.16 per share declared.

During the first half of 2026, the average price of international alumina declined, exerting downward pressure on the group's revenue and profitability. Despite the challenging market environment, the group's sole operating segment—the production and sale of metallurgical-grade alumina—maintained stable operations in the Southeast Asian market, laying a solid foundation for future industrial chain expansion. In the reporting period, the group recorded alumina sales of approximately 1.296 million tonnes at an average selling price of roughly $320 per tonne, resulting in profit attributable to equity shareholders of the company of around $62.7 million.

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