中信金属：上半年净利润14.48亿元，同比增长30.9%

Core Viewpoint - CITIC Metal (601061) reported a slight decline in revenue but a significant increase in net profit for the first half of 2025, indicating resilience in its operations despite market challenges [1] Financial Performance - The company achieved an operating revenue of 63.657 billion yuan, a year-on-year decrease of 0.92% [1] - The net profit attributable to shareholders was 1.448 billion yuan, reflecting a year-on-year increase of 30.9% [1] - Basic earnings per share stood at 0.3 yuan [1] Trade Business - The trade business faced disruptions due to external factors and volatility in commodity prices, but the company proactively managed risks [1] - Sales volume for copper and niobium products increased by over 10% year-on-year, indicating a strengthening of the trade business foundation and profitability [1] Investment Business - The LB project demonstrated stable production and operations, with both production and sales volumes increasing by over 50% year-on-year [1] - This growth in the investment business significantly contributed to the overall increase in equity profits [1]