Tongling Nonferrous Metals (000630.SZ) had an advance increase. Net profit for the semi-year is estimated to be 2.65 billion yuan to 3.15 billion yuan, an increase of 84.13% to 118.87% over the previous year

According to the Zhitong Finance App, Tongling Nonferrous Metals (000630.SZ) released the 2026 semi-annual results forecast. The company expects to achieve net profit attributable to shareholders of listed companies of 2.65 billion yuan to 3.15 billion yuan in the semi-year 2026, an increase of 84.13% to 118.87% over the same period last year.

The company's net profit attributable to shareholders of listed companies increased sharply during the reporting period compared to the previous period. The main reason was that during the reporting period, prices of main products such as cathode copper and sulfuric acid rose sharply year on year, and copper foil processing fees continued to rise. The company seized market opportunities, further strengthened internal management, reduced costs and increased efficiency, and enhanced profitability.