CDAYENONFER (00661) issues a profit warning, expecting a net profit of approximately 458 million yuan in the first half of the year, turning a profit from a loss compared to the same period last year.
During the first half of 2026, China Daye Non-Ferrous Metals (00661) announced that the group expects revenue of approximately 40.911 billion yuan, representing a year-on-year increase of about 39.06%; gross profit of approximately 1.178 billion yuan, a year-on-year increase of about 129.18%; and net profit of approximately 458 million yuan, turning from loss to profit year-on-year.
CDAYENONFER (00661) announced that the group expects to achieve revenue of approximately 40.911 billion yuan in the first half of 2026, an increase of about 39.06% year-on-year; gross profit of about 1.178 billion yuan, an increase of approximately 129.18% year-on-year; and a net profit of around 458 million yuan, turning from loss to profit year-on-year.
The announcement stated that the substantial increase in expected net profit is mainly due to the significant rise in market prices for main and by-products compared to the same period last year. The company has taken proactive measures to seize market opportunities, adjust raw materials and product structures, and implement internal cost reduction and efficiency enhancement, as well as technological improvements, which have significantly strengthened profitability.
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