China Hongqiao expects higher first-half profit on stronger aluminium alloy prices
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China Hongqiao Group expects its net profit for the first half of 2026 to increase by approximately 39 per cent compared with the same period last year, according to a filing with the Hong Kong Stock Exchange.
The company said the anticipated earnings growth is primarily driven by higher selling prices for its aluminium alloy products, which supported profitability during the six months ended 30 June 2026.
Separately, Shandong Hongqiao Aluminum Industry expects its first-half net profit to increase by 69.72 per cent to 81.04 per cent year-on-year, reflecting continued strength in the aluminium market during the reporting period.
China Hongqiao is one of China's largest aluminium producers, with operations spanning alumina, aluminium and aluminium alloy products.
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