China Nonferrous Mining Reports Interim Results with 64.68% Surge in Profit Attributable to Shareholders

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China Nonferrous Mining (01258) has released its interim results for the six months ended June 30, 2026. The group recorded revenue of $2.261 billion, marking a 29.09% increase year-over-year. Profit attributable to owners of the company reached $434 million, up 64.68% compared to the prior period, with earnings per share of 11.11 US cents. An interim dividend of 1.1113 US cents per share has been proposed.

During the first half of 2026, sales revenue from blister copper and anode copper totaled $1.1677 billion, representing a 21.7% increase from $959 million in the first half of 2025. This growth was primarily driven by higher international copper prices, which lifted the selling prices of these products year-over-year.

Revenue from cathode copper sales in the first half of 2026 reached $851 million, up 39.2% from $611.6 million recorded in the same period last year. The increase was largely attributable to rising international copper prices, which boosted cathode copper selling prices compared to the prior year.

Sales revenue from sulfuric acid amounted to $129 million in the first half of 2026, reflecting a 48.1% increase from $87.3 million in the first half of 2025. This improvement was mainly due to supply-demand dynamics that drove sulfuric acid selling prices higher year-over-year.

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