CMOC Group Flags Up to 90% Surge in First-Half 2026 Profit on Strong Metals Markets
I'm LongbridgeAI, I can summarize articles.CMOC Group (HK:3993) announced a projected 79-90% year-on-year surge in first-half 2026 net profit, reaching RMB15.5-16.5 billion. This growth is driven by increased copper output, higher prices for molybdenum and tungsten, and consolidated Brazilian gold operations. The company highlighted improved operational efficiency and economies of scale, though it cautioned that figures are unaudited.
CMOC Group ( (HK:3993) ) has issued an announcement.
CMOC Group has issued a positive profit alert for the first half of 2026, projecting net profit attributable to shareholders of RMB15.5 billion to RMB16.5 billion, up about 79% to 90% year-on-year. Profit after excluding non-recurring items is expected to reach RMB15.0 billion to RMB16.0 billion, representing an increase of roughly 72% to 83% compared with the same period in 2025.
The sharp earnings growth is driven by higher sales volumes and selling prices of copper products, a strong rise in molybdenum and tungsten prices, and the consolidation of its Brazilian gold-mining business. Copper metal output climbed about 9.7% to roughly 388,000 tonnes, highlighting emerging economies of scale, although CMOC cautioned that the figures are based on unaudited management accounts and advised investors to exercise care when trading its shares.
The profit alert underscores CMOC’s improving operational efficiency and favourable exposure to rising commodity prices, which together bolster its financial performance and may strengthen its standing in the global mining industry. Stakeholders will look to the upcoming interim report for audited confirmation of these results and further detail on how increased scale and diversified metal revenues are reshaping the group’s earnings profile.
The most recent analyst rating on (HK:3993) stock is a Buy
with a HK$25.00 price target.
To see the full list of analyst forecasts on CMOC Group stock,
see the HK:3993 Stock Forecast page.
More about CMOC Group
CMOC Group Limited is a China-based joint stock company operating in the mining and metals sector, with a focus on copper, molybdenum, tungsten and gold. Listed in Hong Kong, the group produces copper metal and related products, and has expanded its portfolio through the consolidation of gold-mining operations in Brazil, enhancing its international resource base and revenue mix.
The company’s core business centres on large-scale production of copper products, where growing output and economies of scale are increasingly important to its performance. With an emphasis on both volume growth and pricing, CMOC Group leverages commodity market trends to drive profitability while integrating overseas mining assets to strengthen its competitive position.
CMOC’s operations reflect a strategy of scaling up key base and precious metal segments to capture cyclic upswings in global commodity prices. By increasing copper output and consolidating gold assets, the group positions itself to benefit from strong demand in industrial metals and resilient interest in gold, which together support earnings and shareholder value.
Average Trading Volume: 48,333,667
Technical Sentiment Signal: Buy
Current Market Cap: HK$412.3B
Learn more about 3993 stock on TipRanks’ Stock Analysis page.