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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Sinomine Resource Group
Sinomine Resource Group (002738) investor relations material
Sinomine Resource Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
9M revenue rose 24.85% YoY to RMB6.016bn and attributable net income increased to RMB1.625bn; Kitumba copper mining and processing entered trial production in September.
Financial highlights
Q3 revenue was RMB2.356bn, up 51.87% YoY; attributable net income was RMB513.9m, up 346.48%, and adjusted net income was RMB487.4m, up 325.30%.
9M adjusted attributable net income reached RMB1.571bn, up 1,186.40% YoY; 9M attributable net income was RMB1.625bn, up 695.76%.
9M operating profit was RMB1.796bn versus RMB382.1m a year earlier; consolidated net profit was RMB1.591bn versus RMB190.6m.
Outlook and guidance
Kitumba smelting engineering is under construction, with readiness or trial production expected in Q4 2026 and formal production targeted for Q1 2027.
Kitumba design capacity is 3.5mtpa ore processing and 35,000 tonnes/year cathode copper; annual average output at full production is designed at 33,000 tonnes cathode copper and 55,000 tonnes copper concentrate.
Kitumba has a 15-year designed operating life and planned lifetime output of 570,200 tonnes of copper metal.
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Latest events from Sinomine Resource Group
- Net profit soared over 1,100% on strong lithium sales and robust market recovery.002738
Q2 2026 - Net profit jumped 276.68% year-over-year, with improved cash flow and new lithium capacity online.002738Q1 2026
- Revenue up 22%, net profit down 39.5%, lithium capacity expanded, strong cash flow.002738Q4 2025
- Revenue and profit fell sharply, but mining output and resource control increased.002738Q2 2024
- Revenue and profit fell sharply on lithium price drops, but major copper acquisitions were completed.002738Q3 2024
- Net profit plunged 65.7% on lower lithium prices, but rare metals and global expansion drove growth.002738Q4 2024
- Revenue up 34.89% but net profit down 81.16% amid lithium price drop and cost pressures.002738Q2 2025
- Revenue up 36%, net profit down 47% as lithium prices fall and copper smelting posts losses.002738Q1 2025
- Q3 revenue up 35% and net profit up 58% year-over-year, with major project investments ongoing.002738Q3 2025
Next Sinomine Resource Group earnings date
Q4 202626 Apr, 2027
Sinomine Resource Group
Next Sinomine Resource Group earnings date
Q4 202626 Apr, 2027
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