HK Stock Market Move | JIANGXI COPPER (00358) rose over 6%, with net profit in the first half nearly doubling year-on-year, mainly due to steady growth in the production of key products.
Jiangxi Copper Company (00358) rose over 6%. As of the time of publication, it has increased by 6.45%, reaching HK$38.64, with a turnover of HK$147 million.
JIANGXI COPPER (00358) surged over 6%, rising 6.45% to HK$38.64 as of the time of writing, with a transaction volume of HK$147 million.
According to the announcement, JIANGXI COPPER reported its mid-term results for 2026, with operating revenue of approximately RMB 305.854 billion, a year-on-year increase of 19.46%; the net profit attributable to shareholders of the parent company was about RMB 8.897 billion, up 99.91% year-on-year; basic earnings per share were RMB 2.58. The announcement stated that the revenue growth was mainly attributable to changes in the prices and sales volume of its main products.
Jiangxi Copper's main product output steadily increased. During the reporting period, the production of cathode copper was 1.2604 million tons, a year-on-year increase of 5.44%; silver production was 749.78 tons, up 6.55% year-on-year; copper processing products output was 1.0368 million tons, up 8.40% year-on-year; sulfuric acid production was 3.4721 million tons, relatively unchanged year-on-year.
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