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North Mining FY26 H1 profit more than doubled to HK$ 499.09 million; revenue falls 8% to HK$ 472.52 million
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North Mining FY26 H1 profit more than doubled to HK$ 499.09 million; revenue falls 8% to HK$ 472.52 million
  • North Mining posted profit of HK$ 499.09 million, more than doubled from continuing operations plus a HK$ 361.63 million profit from discontinued operations.
  • Revenue fell 8% to HK$ 472.52 million, with the drop attributed entirely to RMB-to-HK$ translation effects.
  • Basic earnings per share rose to 2.89 Hong Kong cents; profit attributable to shareholders climbed to HK$ 433.17 million.
  • Molybdenum concentrate sales volume dropped to 2,240 tonnes, while the average selling price was HK$ 160,476 per tonne.
  • Management expects the molybdenum market to keep improving in the second half of 2026 on stronger demand from China’s steel industry.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. North Mining Shares Company Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260831-12308193), on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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