Zhi Tong Cai Jing·2025-09-10 02:14Core Viewpoint - China Metallurgical Group Corporation (China MCC) experienced a stock price increase of over 8% following the release of its interim results, with a current price of HKD 2.44 and a trading volume of HKD 181 million [1] Financial Performance - The company reported a revenue of RMB 237.53 billion, a year-on-year decrease of 20.52% [1] - Shareholder profit was RMB 3.10 billion, down 25.31% year-on-year [1] - Quarterly analysis shows Q1 and Q2 revenues decreased by 18% and 23% respectively, while net profit attributable to shareholders saw a decline of 40% in Q1 but a slight increase of 1% in Q2, indicating a positive turnaround [1] Mining Operations - In the first half of the year, three operational mines generated a total revenue of RMB 2.8 billion, reflecting a year-on-year increase of 3% [1] - The attributable profit from these mines was RMB 550 million, up 29%, accounting for 18% of the company's net profit [1] - Specific contributions from individual mines include RMB 230 million from Ruimu Nickel-Cobalt Mine, RMB 150 million from Shandake Copper-Gold Mine, and RMB 170 million from Duda Lead-Zinc Mine [1] Future Prospects - The approval process for the Sia Dike Copper Mine project in Pakistan has been completed and is expected to contribute significantly to future earnings [1] - The Aynak Copper Mine in Afghanistan is advancing in feasibility studies and road construction, which may enhance the resource segment's performance and valuation upon production commencement [1]