Understanding the Market | NANSHAN AL INTL rose over 4%, with net profit in the first half increasing by 1.2 times year-on-year. CICC raised its target price to HKD 52.59

NANSHAN AL INTL rose over 4%, as of the time of writing, up 4.69%, reported at HKD 44.22, with a trading volume of HKD 8.6891 million. In terms of news, NANSHAN AL INTL recently released its mid-term performance for 2025, with revenue of USD 597 million, an increase of 41% year-on-year; profit attributable to shareholders of USD 248 million, an increase of 124.19% year-on-year; and proposed a mid-term dividend of HKD 0.65 per share. CICC's research report pointed out that the company's performance in the first half of the year slightly exceeded expectations. Considering the current robust financial situation, the company will distribute a mid-term dividend for the first time, with a payout ratio of about 20%. The firm believes that after the second phase of production capacity is put into operation, NANSHAN AL INTL will become the largest alumina producer in Southeast Asia, which will further enhance the company's market influence in the region. Taking into account the increase in production and sales and rising prices, it raised its net profit forecasts for this year and next by 7% and 9%, respectively, to USD 374 million and USD 500 million, maintaining an "outperforming the industry" rating, with a target price raised by 58% to HKD 52.59