CITIC Resources (01205.HK): Interim Profit Attributable to Shareholders Expected at HK$238 Million to HK$322 Million

NewTimeSpace · 2026/06/15 18:31 · By Boyuan Chen

NewTimeSpace News: CITIC Resources released a positive profit forecast on June 15. The unaudited consolidated profit attributable to shareholders for the six months ended June 30, 2026 is expected to be between HK$238 million and HK$322 million, representing a year-on-year increase of 57% to 112%.

NewTimeSpace News: On June 15, 2026, CITIC Resources (01205.HK) issued a positive profit alert. Based on a preliminary review of the unaudited consolidated management accounts, the consolidated profit attributable to shareholders for the first half of 2026 is projected at HK$238 million to HK$322 million, up 57% to 112% from HK$152 million recorded in the same period of last year.

The profit growth is mainly driven by a sharp year-on-year rise in the average selling price of crude oil sold by the Group in the first five months of 2026.

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