HK Stock Market Move | XINXIN MINING (03833) rose over 8% as its net profit attributable to the parent company in the first half of the year increased by 2.48 times year-on-year, benefiting from the rise in prices of electrolytic nickel and cathode copper.

date
10:28 24/08/2026
avatar
GMT Eight
Xinjiang Xinxin Mining (03833) rose over 8%, as of the time of writing, it increased by 8.27%, reaching HKD 2.16, with a trading volume of HKD 9.1323 million.
XINXIN MINING (03833) rose over 8%. As of the time of publication, it was up 8.27%, priced at HKD 2.16, with a transaction volume of HKD 9.1323 million. In terms of news, XINXIN MINING released its mid-term results for 2026, reporting an operating revenue of approximately RMB 1.266 billion, a year-on-year increase of 13.22%; net profit of RMB 245 million, a year-on-year increase of 261.06%; of which the net profit attributable to shareholders of the parent company was RMB 249 million, a year-on-year increase of 248.13%; basic earnings per share were RMB 0.113. The announcement stated that the significant increase in net profit during the period was primarily due to the average sales price of electrolytic nickel (excluding tax) being approximately RMB 123,862 per ton, up about 11.9% year-on-year; the average sales price of cathode copper (excluding tax) increased by about 31.2% year-on-year; and the average sales price of copper concentrate (excluding tax) rose by about 49.0%; other products also saw an increase in average sales prices.