FilingReader Intelligence

Huludao Zinc Industry: Net profit nearly doubles in mid-year 2025

August 27, 2025 at 05:21 AM UTCBy FilingReader AI

Huludao Zinc Industry Co., Ltd. achieved a 99.07% increase in net profit attributable to shareholders, reaching CNY 62,653,743.13 in the first half of 2025. This growth was driven by a 23.92% rise in operating revenue to CNY 8,913,492,002.26, despite a significant 138.46% decrease in net cash flow from operating activities. The company maintains a robust financial position with total assets increasing by 8.98% to CNY 9,780,956,152.95.

The company engaged in significant related party transactions, including purchasing goods totaling CNY 75,152.77 from various affiliated entities. These transactions, approved in November 2024 for the 2024 fiscal year, indicate ongoing operational relationships. Additionally, Huludao Zinc Industry holds frozen monetary funds of CNY 624,496,556.21 and restricted guarantees of CNY 467,541,457.57.

Huludao Zinc Industry also committed to substantial capital increases for its wholly-owned subsidiaries, totaling CNY 2,000 million for Huludao Zincxin Technology and USD 3,000 million for MCC International, among others. These investments underscore the company's strategic expansion and commitment to enhancing its operational capabilities and market presence.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000751Shenzhen Stock Exchange
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