Huayou Cobalt (603799.SH) posted an advance increase. Net profit due to mother is expected to be 5.85 billion yuan to 6.45 billion yuan in 2025, an increase of 40.80% to 55.24% over the previous year

According to the Zhitong Finance App, Huayou Cobalt (603799.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies of 5.85 billion yuan to 6.45 billion yuan in 2025, an increase of 40.80% to 55.24% over the previous year.

The company's profit increased dramatically in 2025, mainly benefiting from the continuous release of the company's integrated industrial management advantages, the recovery in the price of metals such as cobalt and lithium, changes in company management, and the deepening of cost reduction and efficiency. First, the upstream resource-side Indonesian Huafei project achieved overproduction. The Huayue project continued to produce stable and high production, and the company's MHP raw material self-sufficiency rate was further increased; the downstream materials business resumed growth, technological innovation capabilities were significantly enhanced, the results of the “leading product and cost leading” competition strategy were further highlighted, and the company's integrated industrial management advantages continued to be unleashed. Second, benefiting from the rebound in the prices of cobalt and lithium carbonate, the profitability of the company's products has increased. Furthermore, the company continues to promote management reforms, vigorously promote cost reduction and efficiency, seek efficiency from management, and continue to improve operational efficiency.