Huayu Mining (601020.SH) released results for the first three quarters. Net profit to mother was 135 million yuan, a year-on-year decrease of 83.13%

According to Zhitong Finance App News, Huayu Mining (601020.SH) released its report for the third quarter of 2026. The company achieved operating income of 1,057 billion yuan in the first three quarters, a year-on-year decrease of 27.55%; net profit attributable to shareholders of listed companies was 135 million yuan, a year-on-year decrease of 83.13%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 115 million yuan, a year-on-year decrease of 69.24%; and basic earnings per share were 0.16 yuan.

The year-on-year decline in the company's revenue in the first three quarters was mainly due to the company's adjustment of the production and operation pace schedule based on its own actual situation, and domestic production and sales declined; production at the Kangqiaoqi mine abroad increased, and the decline in sales led to an increase in inventory and a decline in operating income. The year-on-year decline in net profit due to the year-on-year decline in net profit due to mergers and acquisitions in Asia Pacific Mining in the same period last year, 40% of the shares were re-measured according to fair value, which did not occur in the current period; ② product sales declined year-on-year, and profits declined accordingly; ③ due to adjustments in Tajikistan's export policy, tax costs increased year on year; ④ the scale of loans for Asia-Pacific mining projects increased year on year. ①