Zijin Mining (601899.SH) issued an estimated increase of about 51-52 billion yuan in net profit to mother in 2025, an increase of about 59%-62% year-on-year

According to the Zhitong Finance App, Zijin Mining (601899.SH) announced a pre-increase in its 2025 results. The company expects to achieve net profit attributable to shareholders of listed companies of about RMB 510-52 billion in 2025 (same currency), an increase of about 59%-62% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss is expected to be about 475-48.5 billion yuan in 2025, an increase of about 50%-53% over the previous year.

The main reason for the pre-increase in performance in the current period was the year-on-year increase in production of major mineral products during the reporting period, including about 90 tons of mineral gold (2024:73 tons), mineral copper (production with Camoa equity) of about 1.09 million tons (2024:1.07 million tons), about 437 tons of mineral silver (2024:436 tons), and equivalent lithium carbonate (including the May-December production of Zangge Mining) about 25,000 tons (2024:261 tons). Furthermore, sales prices of mineral gold, mineral copper, and mineral silver increased year-on-year during the reporting period.

According to the announcement, the company proposed the production plan for major mineral products in 2026 as follows: 105 tons of mineral gold, 1.2 million tons of mineral copper, 120,000 tons of equivalent lithium carbonate, and 520 tons of mineral silver.