Xingye Alloy Materials(00505.HK): Profit Attributable to Equity Holders Expected to Surge Around 160% Year-on-Year for First Half

NewTimeSpace · 2026/07/31 17:13 · By Boyuan Chen

NewTimeSpace News: Xingye Alloy Materialsreleased a positive profit forecast on 31 July. It projects that profit attributable to equity holders for the six months ended 30 June 2026 will rise by approximately 160% compared with the corresponding period last year, mainly driven by higher copper prices and growing sales volume of copper products.

NewTimeSpace News: On 31 July 2026, Xingye Alloy Materials(00505.HK) issued a positive profit forecast. Following preliminary review by the Board of Directors, the Group’s profit attributable to equity holders for the current interim period is expected to jump roughly 160% year-on-year. This performance is primarily attributable to rising copper prices and expanded sales of copper products during the period, lifting the Group’s gross profit by around RMB 230 million versus the prior half-year.

Xingye Alloy MaterialsMaterials Group stated that full details of its interim results will be disclosed in the interim results announcement scheduled for release by the end of August 2026. Shareholders and prospective investors are reminded to exercise caution when trading the Company’s shares.

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