China Daye Flags 44% Profit Slump as Smelting Margins Squeezed

The latest update is out from China Daye Non-Ferrous Metals Mining Limited ( (HK:0661) ).

China Daye Non-Ferrous Metals Mining Limited has warned investors that, based on preliminary unaudited figures, it expects a sharp drop in profit for 2025 despite higher revenue. The group attributes the pressure on earnings to a rapid expansion of domestic and overseas smelting capacity and tight supplies of copper concentrate, which together drove a steep decline in smelting processing charges and squeezed margins for processing enterprises.

For the year ended 31 December 2025, revenue is expected to rise about 14% year on year to roughly RMB66.1 billion, but profit is projected to fall about 44% to around RMB5.37 million. The board stressed that these figures are subject to finalisation of the annual results and advised shareholders and potential investors to exercise caution when dealing in the company’s shares, underscoring how industry-wide capacity and raw material dynamics are weighing on profitability.

The most recent analyst rating on (HK:0661) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on China Daye Non-Ferrous Metals Mining Limited stock, see the HK:0661 Stock Forecast page.

More about China Daye Non-Ferrous Metals Mining Limited

China Daye Non-Ferrous Metals Mining Limited is a Bermuda-incorporated mining group listed in Hong Kong and focused on non-ferrous metals, particularly copper-related operations. The company operates smelting and processing businesses serving domestic and overseas markets, positioning itself within the broader base-metals supply chain as a subordinating smelting processor.

Average Trading Volume: 102,213,425

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.36B

For detailed information about 0661 stock, go to TipRanks’ Stock Analysis page.