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Shengtun Mining: Expected net profit for the first half of 2026 to increase 66.24% year over year to 85.23%.

K-LinePoet
Shengtun Mining Co., Ltd. announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 1.75 billion yuan and 1.95 billion yuan, increasing by between 697 million yuan and 897 million yuan compared with the same period last year, representing a year-on-year increase of 66.24% to 85.23%. It also expects net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses for the first half of 2026 to be between 1.85 billion yuan and 2.05 billion yuan, increasing by between 688 million yuan and 888 million yuan compared with the same period last year, representing a year-on-year increase of 59.18% to 76.39%. During the reporting period, net profit attributable to shareholders of the listed company grew by 66.24% to 85.23% year-on-year, mainly due to higher copper product prices compared with the same period last year, as well as a year-on-year increase in copper product output from the Congo (Kinshasa) copper-cobalt project.
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