CHUANGXIN IND Issues Positive Profit Alert, Anticipates Interim Net Profit Between RMB 2.2 and 2.4 Billion

Stock News07-03

The company has announced a forecast for its financial results for the six months ending June 30, 2026.

It expects to record a net profit attributable to owners of approximately RMB 2.2 billion to RMB 2.4 billion for the period.

This projected figure represents a significant increase of approximately 154.1% to 177.2% compared to the same period last year.

The forecasted profit is stated after deducting an additional tax payment of about RMB 476 million, which was disclosed by the company on June 2, 2026.

Based on information currently available to the board, the substantial rise in attributable net profit is primarily due to several key factors.

Firstly, the sales price for the company's electrolytic aluminum products has increased year-on-year.

Secondly, a higher utilization rate of green electricity has contributed to a reduction in overall production costs.

Finally, proactive efforts to optimize the financing structure have led to lower financing interest rates and a consequent decrease in financial expenses.

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