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China Mining Resources (002738.SZ)'s advance increase is expected to see a semi-annual net profit of 1.05 billion yuan to 1.25 billion yuan to soar 1078% to 1302%
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According to the Zhitong Finance App, China Mining Resources (002738.SZ) disclosed the 2026 semi-annual results forecast. The company expects net profit attributable to shareholders of listed companies for the half year to 1.05 billion yuan to 1.25 billion yuan, an increase of 1078.07%-1302.46% over the previous year. Net profit after deducting non-recurring profit and loss was 1 billion yuan to 1.2 billion yuan, an increase of 13227.33% to 15892.79% over the previous year.

During the reporting period, benefiting from the development of the downstream energy storage and power battery industry, the price of lithium salt products rose year on year, the operating efficiency of the company's lithium battery new energy raw material development and utilization sector improved, profits achieved year-on-year growth, and the company's overall profit level increased. Furthermore, the company's Namibian Tsumeb Smelter saw a sharp reduction in losses compared to the same period last year due to business transformation.

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