Coin World News: Baiyin Nonferrous Metals announced that it expects net profit in the first half of 2026 to be between 64 million yuan and 95 million yuan, compared with a loss of 217 million yuan in the same period last year, achieving turnaround to profit. The change in performance is mainly due to a year-on-year rise in market prices of non-ferrous metals and precious metals products in the first half of 2026. The company also strengthened internal management, improved quality and efficiency, and controlled costs and reduced expenses, resulting in a year-on-year increase in gross margin. At the same time, gains from fair value changes of embedded derivative financial instruments increased year-on-year due to market price fluctuations.

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ShortPositionsAtTheElevator
· 3h ago
Western Mining’s rebound into profitability this round has been quite strong. Cyclical stocks really do end up taking their cue from the price—its “face,” so to speak.
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Stop-LossLineForTheEveningGlow
· 3h ago
The cycle has reversed.
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OwlChainViewer
· 3h ago
From 64 million to 95 million, and still lost over 200 million last year; with both rising metal prices and internal optimization/tapping internal potential running in parallel, fair value change gains also made a significant contribution—this earnings upside has plenty of room to expand.
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