On August 26, CHINFMINING rose 3.39% in regular trading, trading at HK$16.62/share, with turnover of HK$12.22 million. The stock continues to gain momentum following the release of its interim results on August 21.

The company reported attributable net profit of $433.6 million for the first half, up 64.68% year over year, exceeding its earlier positive profit alert of approximately $420 million and roughly 60% growth. Revenue increased 29.1% to $2.26 billion. The strong performance was primarily driven by rising international copper prices and a significant year-over-year surge in sulfuric acid prices, with sulfuric acid sales revenue climbing 48.1% to $129 million. The board declared an interim dividend of $0.011113 per share, payable on September 17.

Within the Copper sector where CHINFMINING belongs, peer stocks also showed strength. Among individual stocks, JIANGXI COPPER up 6.39%, CDAYENONFER up 3.59%, JINXUN RESOURCE up 4.11%, JINCHUAN INTL flat, CMRU flat.

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