Nanshan Aluminum International (02610) issued a profit warning. Net profit attributable to shareholders is expected to drop year-on-year from about 58 million US dollars to 68 million US dollars in the first half of the year

According to Zhitong Finance App, Nanshan Aluminum International (02610) announced that the Group expects to obtain net profit attributable to the Company's equity shareholders of about 58 million US dollars to 68 million US dollars for the 6 months ending June 30, 2026 (period), while the net profit attributable to the equity shareholders of the Company for the six months ended June 30, 2025 is approximately US$248 million.

The decline in net profit attributable to the Group's equity shareholders during the period was mainly due to a decline in gross margin. This decline was mainly due to lower sales prices of alumina, while sales costs per ton remained relatively stable. According to currently available information and the Group's latest unaudited comprehensive management accounts, the average sales price of the Group's products in the first half of 2026 was about US$320 per ton, down from about US$529 per ton in the first half of 2025. The decline in the average selling price is mainly due to the decline in the alumina market index price.