ZIJIN MINING Interim Net Profit Up 68.2% YoY to RMB39.17B; Interim DPS RMB4.2 per 10 Shares
I'm LongbridgeAI, I can summarize articles.Zijin Mining reported a 68.2% YoY increase in interim net profit to RMB39.17 billion, with revenue up 15.8%. The company declared an interim dividend of RMB4.2 per 10 shares. Gold production rose 13%, while copper output fell 5.7% due to flooding at Kamoa-Kakula, leading to a revised downward production target. The debt-to-asset ratio dropped below 50% for the first time since 2012.
ZIJIN MINING (02899.HK) +1.800 (+4.897%) Short selling $590.69M; Ratio 19.823% announced its interim results for the six months ended June. Under the PRC Accounting Standards, revenue amounted to RMB194.178 billion, up 15.8% YoY. Net profit reached RMB39.17 billion, representing growth of 68.2%, while EPS was RMB1.473. An interim dividend of RMB4.2 was declared per 10 shares.
In 1H26, the company produced 47 tonnes of mined gold, up 13%. Revenue from the gold business accounted for 41.2% of operating revenue. Benefiting from a substantial rise in gold prices, gross profit from the gold business accounted for 41.7% of the group's gross profit. Mined copper production reached 534,000 tonnes, down 5.7%. Excluding the impact from Kamoa, mined copper production increased 4.8%.
Affected by the flooding incident and the ramp-up of resumed production, the 2026 production plan for the Kamoa-Kakula copper mine was revised down from 380,000-420,000 tonnes to 290,000-330,000 tonnes. The company's mined copper output will correspondingly decrease by 22,000-57,000 tonnes, putting pressure on achieving this year's mined copper production target.
As of June, the group's debt-to-asset ratio was 49.55%, falling below 50% for the first time since 2012.(de/d)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-21 16:25.)
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