China Mining International (BHD) Q1 2026 earnings summary

Executive summary

• Unaudited 15-month period ended 31 Mar 2026: revenue of RMB 1.851m and net profit of RMB 4.450m, versus no revenue and a RMB 78.165m loss in the 12 months ended 31 Dec 2024; periods differ in length.

• Results reflect new trading activity, lower operating costs and one-off gains from debt and payable settlements; liquidity and going-concern risks remain.

Financial highlights

• Revenue was RMB 1.851m, gross profit RMB 6,000 and profit before tax RMB 4.483m; prior-period revenue was nil.

• Net profit was RMB 4.450m, with RMB 3.521m attributable to equity holders; basic and diluted EPS was RMB 0.63 cents.

• Other income reached RMB 13.390m, including a RMB 5.690m gain on PPE disposal and RMB 5.208m from writing off old payables; director debt waiver added RMB 1.500m.

• G&A expenses were RMB 4.174m; other expenses RMB 3.074m and finance expense RMB 1.665m, compared with RMB 9.455m, RMB 75.218m and RMB 3.244m, respectively, in the prior period.

Outlook and guidance

• Trading expansion aims to lift sales volumes and diversify products; management intends to continue cost optimization and refine business strategies.

• Over the next 12 months, performance is expected to be affected by global macro conditions, trade dynamics, commodity-price volatility and regulatory changes; stabilizing regional supply chains may create trading opportunities.

• A RMB 10m private placement is being pursued to fund business development; no forecast or prospective statement was previously made.