China Nonferrous Mining Corporation (CHINFMINING) saw its stock price surge by 5.02% in early trading on Friday, following the release of its impressive first-half 2025 financial results. Despite a challenging market environment, the company managed to boost its profitability, catching investors' attention.
According to the unaudited interim results announced late Thursday, CHINFMINING reported a net profit of $371.3 million for the first six months of 2025, up from $303.2 million in the same period last year. This significant 22.5% increase in net profit came even as the company's revenue declined by 12.9% to $1.751 billion. The improved bottom line was reflected in the earnings per share, which rose to 6.75 US cents from 5.75 US cents in the first half of 2024.
The company's ability to enhance profitability in the face of lower revenue demonstrates effective cost management and operational efficiency. CHINFMINING's gross profit climbed to $570.3 million, up from $512.0 million in the previous year, with the gross margin expanding to an impressive 32.6%. While the Board did not recommend an interim dividend, the strong financial performance and improved earnings appear to have boosted investor confidence, driving the stock's significant uptick in the market.