Changes in Hong Kong stocks | China Daye Nonferrous Metals (00661) rose more than 15% at the end of the session, revenue for the first half of the year increased by nearly 40% year-on-year, and net profit turned a sharp loss into a profit

The Zhitong Finance App learned that China Daye Nonferrous Metals (00661) rose more than 15% at the end of the session. As of press release, it rose 15.07% to HK$0.168, with a turnover of HK$13.2346 million.

According to the news, China Daye Nonferrous Metals recently released interim results. Revenue for the first half of the year was RMB 40.91 billion, an increase of 39.6% over the previous year; net profit was 442 million yuan, compared with a loss of 9.9 million yuan in the same period last year, turning a loss into a profit. According to the announcement, the increase in revenue was mainly due to rising prices of major products such as cathode copper, gold, silver, and sulfuric acid. Furthermore, in June of this year, China Daye Nonferrous Metals Mining announced that the company plans to sell 100% of the Design Institute's shares for 149 million yuan to complete the divestment of non-core supporting assets.