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Societe Generale Alloy (00505) expects profit attributable to shareholders to increase by about 160% year-on-year in the medium term

Zhitongcaijing·07/31/2026 08:49:07
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According to the Zhitong Finance App, Industrial Alloy (00505) announced that the profit attributable to equity shareholders of the Group for the six months ended June 30, 2026 (current period) is expected to increase by about 160% compared to the six months ended June 30, 2025 (the previous period). The expected increase in profit attributable to equity shareholders of the Group during this period is mainly due to the rise in copper prices and increased sales of copper products during the period, and the Group's gross profit increased by approximately RMB 230 million compared to the previous period.