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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.
Zijin Mining Group
Zijin Mining Group (2899) investor relations material
Zijin Mining Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary23 Oct, 2026
Executive summary
YTD operating income reached RMB283.45bn, up 11.51% YoY; net profit attributable to owners rose 51.93% to RMB57.53bn, with operating cash flow up 61.74% to RMB84.28bn.
Growth reflected higher metal prices, stronger mineral-product gross margins, steady release of production capacity and cost control.
Financial highlights
Q3 operating income was RMB89.27bn, up 3.22% YoY; profit before tax RMB30.12bn, up 42.41%, and net profit RMB23.70bn, up 38.94%.
YTD profit before tax rose 68.22% to RMB93.61bn; net profit rose 60.85% to RMB73.51bn.
YTD net profit attributable to owners was RMB57.53bn, up 51.93%; adjusted for non-recurring items, it was RMB55.84bn, up 63.63%.
Basic and diluted EPS were RMB2.163 and RMB2.106 for 9M, up 51.79% and 50.86%, respectively.
Outlook and guidance
Zhunuo Copper Mine is expected to start production by end-2026; Xiongcun Copper Mine is expected to start by end-2028.
Tres Quebradas, Lakkor Tso and Xiangyuan lithium projects are ramping up; Kigoma Port upgrades are expected to finish in H2 2027, opening the eastern Africa transport corridor.
Incremental copper projects are planned for phased implementation amid slowing global copper production growth.
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Latest events from Zijin Mining Group
- Net profit attributable to owners jumped 68.17% to RMB39.17 billion on strong gold and lithium growth.2899
Q2 2026 - Record Q1 profit and revenue, with lithium output and prices fueling future growth.2899Q1 2026
- Net profit attributable to owners soared 62% on record gold, copper, and lithium output and major acquisitions.2899Q4 2025
- Net profit attributable to owners surged 55.45% year-over-year to RMB37.86 billion.2899Q3 2025
- Net profit rose 55% YoY to RMB28.6B on record revenue, output, and major acquisitions.2899Q2 2025
- Net profit attributable to owners jumped 50.68% year-over-year on higher output and margins.2899Q3 2024
- Net profit attributable to owners surged 46.4% YoY to RMB15.1 billion on strong mining margins.2899Q2 2024
- Net profit surged 62% year-over-year on higher gold and copper output and strong metal prices.2899Q1 2025
- Net profit attributable to owners surged 51.8% to RMB32.05 billion on record operating income.2899Q4 2024
Next Zijin Mining Group earnings date
Q4 202622 Mar, 2027
Zijin Mining Group
Next Zijin Mining Group earnings date
Q4 202622 Mar, 2027
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