Core Viewpoint - Minmetals Resources (01208) has seen a nearly 5% increase in stock price, attributed to strong mid-year performance with significant revenue and profit growth [1] Financial Performance - The company reported a revenue of $2.817 billion for the first half of the year, representing a 47% year-on-year increase [1] - Net profit attributable to equity holders reached $340 million, marking a substantial 1511% increase compared to the previous year [1] Revenue Drivers - Revenue growth is primarily driven by increased sales volume and rising commodity prices [1] - Profit growth is supported by enhanced copper production from three mines, rising market prices for copper, gold, silver, and zinc, as well as a decrease in unit costs at Las Bambas [1] Future Outlook - CCB International forecasts a 4% semi-annual growth in net profit for the company by the second half of 2025 [1] - A conservative estimate suggests a 10% semi-annual decline in copper production, with Las Bambas expected to see a 20% decline based on annual guidance midpoint [1] - The company has maintained sufficient buffer space in its guidance following road blockages related to mining in June and early July, with expectations for annual production to exceed 400,000 tons if operations remain uninterrupted [1]
五矿资源再涨近5% 上半年利润同比增超15倍 机构称下半年纯利有望环比增长