[Baiyin Nonferrous H1 2026 Earnings Guidance]
According to Baiyin Nonferrous' earnings guidance, the company expects net profit attributable to shareholders of the parent company of RMB 64-95 million for the first half of 2026, compared with a net loss in the same period last year, returning to profitability.
During the first half of 2026, year-on-year increases in market prices for nonferrous and precious metal products, together with ongoing efforts to strengthen internal management, improve operational efficiency, and reduce costs, lifted the company's gross profit margin. In addition, gains from fair value changes in embedded derivative financial instruments arising from pricing transactions increased year on year due to market price fluctuations, providing further support to earnings



