Chuangxin Industrial Reports Earnings Forecast, Anticipates Interim Net Profit of Approximately RMB 22-24 Billion, a Surge of 154.1% to 177.2%

Deep News07-06

Chuangxin Industrial (02788) has issued an announcement, in which the group forecasts an attributable net profit of approximately RMB 2.2 billion to RMB 2.4 billion for the six-month period ending June 30, 2026 (the reporting period).

This figure, adjusted for an additional tax payment of approximately RMB 476 million announced on June 2, 2026, represents a significant increase of approximately 154.1% to 177.2% compared to the same period last year.

Based on the information currently available to the board of directors, the substantial rise in attributable net profit during the reporting period is primarily attributed to several key factors.

Firstly, the sales price of the company's electrolytic aluminum products has increased compared to the previous corresponding period.

Secondly, the company's elevated utilization ratio of green electricity has contributed to a reduction in production costs.

Finally, the company's proactive efforts to optimize its financing structure have led to a decrease in financing interest rates, thereby reducing financial costs.

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