CITIC Reports Strong Earnings Surge for Its Metals Unit in First Half
Stock News
Aug 20
CITIC (00267) has announced its subsidiary Citic Metal Co.,Ltd. recorded significant financial growth for the first half of 2026.
According to the company's filing, Citic Metal Co.,Ltd. achieved operating revenue of RMB 86.911 billion during the January-June period, marking a year-on-year increase of 36.53%.
The net profit attributable to shareholders of the listed company reached RMB 2.673 billion, representing a substantial surge of 84.55% compared to the same period last year.
Additionally, the non-recurring items deducted net profit attributable to shareholders totaled RMB 2.705 billion, up 95.32% year-on-year. Basic earnings per share stood at RMB 0.55 for the period.
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