Zhongfu Industrial Forecasts 154%-176% Net Profit Growth in H1 2026, Crediting Cost Reduction and High Aluminum Prices

Published: Jul 11, 2026 14:30
On July 8, Zhongfu Industrial announced that it expected its net profit attributable to the parent company's owners for the first half of 2026 to be between 1.8 billion yuan and 1.95 billion yuan, up 154.42% to 175.62% YoY. The performance growth was mainly attributable to cost reduction through collaboration across the upstream and downstream industry chains, aluminum prices fluctuating at highs, development of high-value-added aluminum deep-processing products, and the advancement of energy-saving technological transformation projects.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
New York Fed's Williams Expects No Sustained Energy Price Rise, Stresses Inflation Target Commitment
Common.Time.minsAgo
New York Fed's Williams Expects No Sustained Energy Price Rise, Stresses Inflation Target Commitment
Read More
New York Fed's Williams Expects No Sustained Energy Price Rise, Stresses Inflation Target Commitment
New York Fed's Williams Expects No Sustained Energy Price Rise, Stresses Inflation Target Commitment
New York Fed President Williams stated that even with another escalation in the Middle East, he does not expect energy prices to see a sustained increase over the remainder of the year. He emphasized that US inflation remains "well above target," and the US Fed will continue to base monetary policy on economic data, remaining firmly committed to bringing inflation down to 2%.
Common.Time.minsAgo
China's June Auto Sales Down 3.2% YoY, NEV Sales and Exports Surge
Common.Time.minsAgo
China's June Auto Sales Down 3.2% YoY, NEV Sales and Exports Surge
Read More
China's June Auto Sales Down 3.2% YoY, NEV Sales and Exports Surge
China's June Auto Sales Down 3.2% YoY, NEV Sales and Exports Surge
According to data released by CAAM, China's total automobile sales in June reached 2.81 million units, but were down 3.2% YoY. However, the NEV market performed impressively, with sales reaching 1.643 million units, up 23.6% YoY. Export side, June automobile exports reached 1.037 million units, up 75.1% YoY; notably, NEV exports were particularly outstanding, reaching 523,000 units, up 1.6 times YoY.
Common.Time.minsAgo
Fed Reaffirms Commitment to Price Stability Amid Inflation Concerns
Common.Time.minsAgo
Fed Reaffirms Commitment to Price Stability Amid Inflation Concerns
Read More
Fed Reaffirms Commitment to Price Stability Amid Inflation Concerns
Fed Reaffirms Commitment to Price Stability Amid Inflation Concerns
The US Fed submitted its July Monetary Policy Report to Congress, in which it once again emphasized policymakers’ commitment to achieving price stability. The report noted that since early this year, the Iran war had driven energy prices to climb, worsening inflation. The US Fed made clear that it stands ready to use all available policy tools to pursue its goals of full employment and price stability, a stance that is especially important when the federal funds rate is constrained by the effective lower bound.
Common.Time.minsAgo
On July 8, Zhongfu Industrial announced that it expected its net profi - Shanghai Metals Market (SMM)