China Hongqiao (01378) announced interim results. Net profit attributable to shareholders of about 17.21 billion yuan increased by about 39.2% year-on-year

According to the Zhitong Finance App, China Hongqiao (01378) announced its 2026 interim results. Revenue increased by about 8% over the same period last year, to about 87.506 billion yuan. Gross profit was about 27.526 billion yuan, an increase of about 32.3% over the previous year. The net profit attributable to the company's shareholders was about 17.21 billion yuan, an increase of about 39.2% over the previous year. Basic earnings per share were $1.734.

According to the announcement, the increase in net profit attributable to shareholders is mainly due to the year-on-year increase in sales prices of the Group's aluminum alloy products, the year-on-year increase in sales volume of aluminum alloy deep-processing products, and the year-on-year increase in sales prices.

During the period, the Group's sales volume of aluminum alloy products reached about 2,811 million tons, down about 3.3% from about 2.906 million tons in the same period last year, and the average sales price of aluminum alloy products increased by about 18.7% to about RMB 21,192 per ton (excluding VAT); the sales volume of the Group's alumina products was about 6.917 million tons, an increase of about 8.6% over the same period last year, and the average sales price of alumina products fell by about 28.3% to about RMB 2,327 per ton (excluding VAT). The Group's sales volume of aluminum alloy deep-processing products was about 444,000 tons, an increase of about 23.2% over the same period last year. The average sales price increased by about 13.4% over the same period last year to about RMB 23,436 per ton (excluding VAT).