XIMEI RESOURCES Projects Significant Profit Surge for Fiscal Year

Stock News08-12

XIMEI RESOURCES (09936) has issued a positive profit alert, indicating a substantial increase in its financial performance. The company expects its profit attributable to equity shareholders for the fiscal year ending 30 June 2026 to rise significantly, reaching between approximately RMB 164 million and RMB 200 million.

This forecasted profit range compares to an unaudited profit attributable to equity shareholders of approximately RMB 91.8 million for the six months ended 30 June 2025. The anticipated increase is primarily driven by a rise in market demand for metal products, which has led to a notable boost in both production and sales volumes. Additionally, the company has experienced an improvement in its gross profit margins during this period.

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