China Nonferrous Mining H1 net profit jumps 67.7% to US$622.8 million; revenue rises 29.1% to US$2.26 billion
XLB•First-half profit and revenue rise
China Nonferrous Mining posted revenue of US$2.26 billion, up 29.1% for the six months ended June 30, 2026.
Net profit climbed 67.7% to US$622.8 million; profit attributable to owners rose 64.7% to US$433.6 million.
Earnings, dividend and cash flow improve
Basic earnings per share increased 64.6% to US¢11.11; the board declared an interim dividend of US¢1.1113 per share.
Operating cash flow nearly doubled to US$1.04 billion; cash and cash equivalents grew to US$2.02 billion.
Management cites higher commodity prices
Management cited higher global copper prices and higher sulphuric acid selling prices as key drivers of the period-on-period improvement.
