China Hongqiao (01378) announced interim results, net profit attributable to shareholders of about 12.361 billion yuan, an increase of about 35.0% year-on-year

According to the Zhitong Finance App, China Hongqiao (01378) announced its 2025 interim results. Revenue increased by about 10.1% over the same period last year, to about 81,039 billion yuan. Gross profit was about 20.805 billion yuan, an increase of 16.9% over the previous year. The net profit attributable to the company's shareholders was about 12.361 billion yuan, an increase of about 35.0% over the previous year. Basic earnings per share were $1.314.

According to the announcement, the increase in performance was mainly due to the increase in sales prices of aluminum alloy products and alumina products during the period compared to the same period last year, while sales volume also increased.

During the period, the Group's sales volume of aluminum alloy products reached about 2.906 million tons, an increase of about 2.4% over the same period last year, and the average sales price of aluminum alloy products increased by about 2.7% from the same period last year to about RMB 17,853 yuan/ton (excluding VAT); the sales volume of the group's alumina products was about 6.368 million tons, an increase of about 15.6% over the same period last year, and the average sales price of alumina products increased by about 10.3% to about RMB 3,243 per ton (VAT not included). The Group's sales volume of aluminum alloy processing products was about 392,000 tons, an increase of about 3.5% over the same period last year. The average sales price of aluminum alloy processed products increased by about 2.9% over the same period last year to about RMB 20,615 per ton (excluding VAT).