MMG (01208) announced its interim results, with profit attributable to equity holders increasing by 164% year-on-year to US$897 million.

MMG (01208) announced its mid-year results for 2026, reporting a 61% year-on-year increase in revenue to $4.54 billion, and a 141% year-on-year increase in profit after tax to $1.366 billion. Profit attributable to equity holders increased by 164% year-on-year to $0.897 billion, with basic earnings per share of 7.36 cents. Net cash flow from operating activities increased by 89%, reaching a record high of about $2.234 billion. The announcement stated that the performance growth was mainly due to stable and rigorous operational execution, favorable commodity prices, strong cash generation capacity, and the successful completion of the issuance of approximately $1.6 billion in convertible bonds and share placements. MMG maintains its production guidance for 2026, forecasting copper production between 493,000 tons and 528,000 tons, and zinc production between 215,000 tons and 235,000 tons.