Tianfeng keeps Buy rating on CMOC stock as profit rises 86.27 percent

Published on 10/13/2026 at 09:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CMOC profit reached RMB 16.15 billion in first-half 2026, up 86.27 percent. CMOC stock costs EUR 1.78 on October 13, 2026.

Key points in brief

CMOC reported RMB 16.15 billion in first-half 2026 profit, up 86.27 percent year over year.
Tianfeng Securities maintained a Buy rating on September 27, 2026.
CMOC stock was trading at EUR 1.78 at Lang & Schwarz on October 13, 2026 at 9:02 a.m. CEST.
Copper production reached 388,000 tonnes in the first half of 2026, up 9.73 percent year over year.

CMOC, CNE100000114, Illustration mit AI erstellt.

CMOC (ISIN CNE100000114) reported RMB 16.15 billion in net profit attributable to shareholders for the first half of 2026, up 86.27 percent year over year. As Futu reported on September 27, 2026, Tianfeng Securities maintained a Buy rating after reviewing the company's first-half performance.

Three dated company milestones

On January 23, 2026, CMOC completed the acquisition of 100 percent of four operating gold mines in Brazil, according to the Futu report. The transaction expanded the gold platform alongside CMOC's copper and cobalt operations.

On September 19, 2026, CMOC announced an interim dividend of RMB 0.95 per 10 H shares for the six months ended June 30, 2026. The Globe and Mail reported that the company also clarified withholding tax rules for overseas and mainland investors.

On September 27, 2026, the Tianfeng Securities analysis cited by Futu identified first-half revenue of RMB 135.32 billion, up 42.78 percent year over year, alongside the profit increase.

What does the profit jump show?

Operating performance was led by copper. CMOC produced 388,000 tonnes in the first half of 2026, an increase of 9.73 percent year over year, while copper sales reached 376,200 tonnes, up 16.60 percent, according to Futu.

The portfolio also contains a clear counter-factor. Cobalt production rose 6.93 percent to 65,300 tonnes in the first half, but cobalt sales fell 86.60 percent to 5,727 metric tonnes as export quotas in the Democratic Republic of the Congo constrained shipments.

Next reporting date

TradingView lists October 24, 2026 as CMOC's next earnings report date. The date gives the market a defined checkpoint for testing whether copper and gold growth can offset the cobalt sales constraint.

CMOC stock at EUR 1.78

CMOC stock was trading at EUR 1.78 at Lang & Schwarz on October 13, 2026 at 9:02 a.m. CEST. The company is listed on the Hong Kong Stock Exchange under ticker 03993, while its shares were quoted at HKD 15.52 on October 13, 2026 at 6:48 a.m. UTC in the finance quote.

The further course of trading is shown by the continuously updated real-time quote of CMOC stock.