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Western Mining (601168.SH) released semi-annual results, with net profit of 4.169 billion yuan, an increase of 123% over the previous year
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According to the Zhitong Finance App, Western Mining (601168.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved revenue of 39.443 billion yuan, an increase of 25% over the previous year; net profit attributable to shareholders of listed companies was 4.169 billion yuan, an increase of 123% year on year; after deducting non-net profit of 4.211 billion yuan, an increase of 130% year on year; basic earnings per share were 1.75 yuan.

Prices of non-ferrous metals increased dramatically during the reporting period. The copper price range rose significantly from 71-82,000 yuan/ton in the same period last year. At the same time, the prices of molybdenum, lead, zinc, gold and silver precious metals all rose to varying degrees. Combined with the company's basic production of non-ferrous metal-related products mentioned above, the profit of the company's main products increased dramatically, compounded by the sharp rise in the prices of the company's by-products such as sulfuric acid and sulfur.

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