JIAXIN INTL RES Posts Interim Turnaround with HK$1.538 Billion Profit Attributable to Shareholders

Stock News
Aug 24

JIAXIN INTL RES (03858) has released its interim results for the six months ended June 30, 2026, reporting a dramatic turnaround in profitability. The group recorded revenue of HK$2.703 billion, a substantial year-on-year increase of 2,039.9%, while profit attributable to equity holders of the company reached HK$1.538 billion, reversing the loss reported in the prior corresponding period. Earnings per share stood at HK$3.37, with an interim dividend of HK$1.87 per share proposed.

According to the company's announcement, the group produced over 4,000 tonnes of 65% scheelite concentrate during the reporting period. This strong operational performance, combined with higher tungsten concentrate prices during the period, contributed significantly to the company's notable growth in financial results.

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