XINGFA ALUM (00098) issues profit warning, expecting the mid-term net profit attributable to shareholders to decrease year-on-year to between 165 million and 171 million yuan.

Xingfa Aluminum (00098) announced that the Group expects to achieve a net profit attributable to equity shareholders of between RMB 165 million and RMB 171 million for the first half of 2026, while the net profit attributable to equity shareholders for the first half of 2025 was approximately RMB 270.9 million. The Board believes that the decrease in net profit is mainly due to intensified industry competition and the continued rise in aluminum raw material prices, which have put pressure on the gross profit of the Group's products, leading to a decline in the net profit attributable to shareholders of the Group.