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Changes in Hong Kong stocks | Minmetals Resources (01208) opened more than 5%, net profit increased 164% year-on-year in the first half of the year, and the performance reached a record level
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The Zhitong Finance App learned that Minmetals Resources (01208) opened more than 5% higher. As of press release, it had risen 5.62% to HK$9.49, with a turnover of HK$33.4032 million.

According to the news, Minmetals Resources announced its 2026 interim results. Revenue for the first half of this year was US$4.54 billion, up 61% year on year; profit after tax was US$1,366 billion, up 141% year on year; profit attributable to company equity holders was US$897 million, up 164% year on year, all of which set record results for the first half of the year.

Copper production during the period was 2.666,500 tons, the highest level in the first half of 2018. Las Bambas performed strongly in the first half of the year, with copper concentrates producing 210,195 tons of copper. Revenue increased 65% to 3.3 billion US dollars. Minmetals Resources maintains the 2026 production guidelines. Copper production is expected to be 493,000 tons to 528,000 tons, and zinc production is 215,000 tons to 235,000 tons.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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