Core Viewpoint - Xinjiang Xinxin Mining (3833.HK) expects a significant decline in net profit attributable to shareholders for the six months ending June 30, with an estimated profit of approximately 71.8 million yuan, representing a year-on-year decrease of about 50.8% compared to 146 million yuan in the same period last year [1] Summary by Relevant Categories Financial Performance - The expected net profit for the first half of the year is approximately 71.8 million yuan, down from 146 million yuan in the previous year [1] - This represents a year-on-year decline of about 50.8% [1] Price and Cost Factors - The average selling price of electrolytic nickel has decreased by approximately 10.9% year-on-year [1] - Production costs have increased due to the use of externally sourced nickel concentrate during the production process, contributing to higher electrolytic nickel production costs [1]
新疆新鑫矿业：料中期盈利同比下跌50.8%