Changes in Hong Kong stocks | Zhihui Mining (02546) rose more than 6% in the afternoon, the volume and price of non-ferrous metal concentrates rose sharply, and net profit surged 271% in the first half of the year

The Zhitong Finance App learned that Zhihui Mining (02546) rose more than 6% in the afternoon. As of press release, it rose 6.00% to HK$20.5, with a turnover of HK$10.4742 million.

According to the news, Zhihui Mining recently released interim results. Revenue for the first half of the year was about 278 million yuan, an increase of about 75.9% year on year; profit was 98.8 million yuan, up about 271.4% year on year. The increase in revenue was mainly due to an increase in total production and sales prices of non-ferrous metal concentrates, particularly the prices of zinc, copper and silver.

According to the announcement, the company's non-ferrous metal concentrate production increased significantly during this period, and the actual volume of concentrate production reached 220,000 tons, an increase of about 75.6% over the previous year. Overall, the company achieved significant growth in the production and sales of non-ferrous metal concentrates, and further expanded its business layout in the field of non-ferrous metals by acquiring 60% of the shares of Tibet Dachuan Mining Co., Ltd.