Zhuzhou Smelter Group forecasts significant profit increase

Zhuzhou Smelter Group (SSE:600961) has released a positive earnings forecast for the first half of 2025, projecting a net profit increase exceeding 50% compared to the same period last year. The company estimates its net profit attributable to shareholders to range between CNY 560 million and CNY 650 million, representing a year-over-year increase of 50.97% to 75.23%, or an increase of CNY 18,905.35 to CNY 27,905.35. Net profit attributable to shareholders after deduction of non-recurring gains and losses is expected to range from CNY 570 million to CNY 660 million, an increase of CNY 25,503.65 to CNY 34,503.65, a rise of 80.97% to 109.55% year over year. The company attributes this growth to increased precious metal prices, a rebound in zinc smelting processing fees, effective market strategies, and improved operational efficiency and cost control. The figures are preliminary and unaudited, pending final review by the company's auditors.