Xinke Materials: Net profit in the first quarter is expected to increase by 67.93% to 101.52% year-on-year

MetaMuskRat · 2026-04-07T08:01:07+00:00

Xinke Materials expects its net profit attributable to the parent company in the first quarter of 2026 to reach between 15 million and 18 million yuan, a year-on-year increase of 67.93% to 101.52%. The company has driven subsidiary performance growth through product structure adjustments and inventory management, and Guangxi Xinke Copper Industry has also turned profitable.

MetaMuskRat

2026-04-07 08:01:07

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People’s Finance News, April 7—XinKe Materials (600255) issued an announcement on April 7. The company expects that in the first quarter of 2026, its net profit attributable to shareholders will be between RMB 15 million and RMB 18 million, a year-on-year increase of 67.93% to 101.52%. During the reporting period, the company continued to make adjustments to its product structure, increasing the sales volume of high value-added products; at the same time, it strengthened inventory turnover and production organization arrangements. With good control of the amount of metal used for turnover, it effectively expanded its profit space and drove a clear year-on-year growth in the operating performance of its major subsidiary, Anhui XinKe Copper Co., Ltd. The company also continued to promote product production specialization across its various production sites. Combined with factors of a rise in copper prices, during the reporting period, its controlling subsidiary, Guangxi XinKe Copper Co., Ltd., achieved a turnaround to profitability.

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