Core Points - Xinjiang Xinxin Mining (03833.HK) reported a consolidated revenue of RMB 1.1179 billion for the first half of 2025, representing a year-on-year increase of 4.9% [1] - The net profit attributable to shareholders decreased by 50.2% to RMB 71.6 million compared to the same period last year [1] - The significant decline in net profit is primarily attributed to a decrease in the average selling price of electrolytic nickel, which was approximately RMB 110,688 per ton, down 10.9% from RMB 124,230 per ton in the previous year [1] - Increased production costs were also a factor, mainly due to the use of externally sourced nickel concentrate during the production process [1] - Basic earnings per share attributable to shareholders were RMB 0.032, down from RMB 0.065 in the same period last year, a decrease of RMB 0.033 per share [1] - The board of directors does not recommend the distribution of an interim dividend for 2025 [1] Related Events - Xinjiang Xinxin Mining (03833.HK) will hold a board meeting on August 29 to approve the interim results [1]
新疆新鑫矿业(03833.HK)上半年纯利跌50.2%至7160万元