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Western Mining ( 601168) investor relations material
Western Mining Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved revenue of ¥18.72 billion in Q1 2026, up 13.19% year-over-year, with net profit attributable to shareholders at ¥1.59 billion, up 96.34% year-over-year.
Profit growth driven by higher prices for copper, gold, and silver products compared to the same period last year.
Operating cash flow reached ¥4.10 billion, up 56.90% year-over-year.
Financial highlights
Total assets at quarter-end were ¥66.82 billion, up 12.46% from year-end 2025.
Shareholders’ equity attributable to listed company shareholders rose 8.19% to ¥19.96 billion.
Basic EPS was ¥0.67, up 97.06% year-over-year.
Gross margin improved as revenue growth outpaced cost increases.
Outlook and guidance
Management attributes strong profit growth to favorable commodity prices and expects continued positive impact if price trends persist.
- Record revenue and profit growth in 2025, with strong mining output and robust financials.601168
Q4 202526 Mar 2026 - Record revenue and profit growth driven by copper output and digital, green transformation.601168
Q4 202417 Dec 2025 - Revenue and metal output surged, driving profit growth despite a slight Q3 net profit dip.601168
Q3 202524 Oct 2025 - Revenue and net profit rose sharply, with robust production growth and major project progress.601168
Q2 20258 Aug 2025 - Q3 net profit jumped 61% year-over-year on robust copper sales and higher prices.601168
Q3 202413 Jun 2025 - H1 2024 saw robust revenue, profit, and output growth, with key projects on track.601168
Q2 202413 Jun 2025 - Revenue and profit surged on higher copper, zinc, and lead output in Q1 2025.601168
Q1 20256 Jun 2025
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