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Shengda Resources (000603.SZ) has increased ahead of schedule. The net profit for the first three quarters is expected to be 660 million yuan to 700 million yuan, an increase of 104.57% to 116.96% over the previous year
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According to Zhitong Finance App, Shengda Resources (000603.SZ) released a performance forecast for the first three quarters of 2026. The company expects to achieve net profit attributable to shareholders of listed companies in the first three quarters of 660 million yuan to 700 million yuan, an increase of 104.57%-116.96% over the same period last year; net profit after deducting non-recurring profit and loss of 660 million yuan to 700 million yuan, an increase of 99.38%-111.46% over the same period last year.

Inner Mongolia Jinshan Mining Co., Ltd., a wholly-owned subsidiary of the company, completed the technical transformation of the mining project and beneficiation plant in 2024, mining and mineral processing capacity increased, and production capacity was gradually released. Product production and sales increased in the first three quarters of 2026; compounded by rising precious metal prices, the average sales price of the company's main mine products rose compared to the same period last year, leading to a year-on-year increase in the company's business performance.

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