Gelonghui March 26 丨Xinjiang Xinxin Mining (03833.HK) announced that operating revenue was RMB 2,382 million, up 28.5% year on year; consolidated profit attributable to the company's shareholders was RMB 516 million, up 239.6% year on year; gross margin was 38.2%, up 14.6 points from 23.6% in 2020. Basic earnings per share were RMB 0.233.

In 2021, the Group produced a total of 12,103 tons of electrolytic nickel, an increase of 2.40% over 2020; a total of 11,031 tons of cathode copper was produced, an increase of 0.27% over 2020.

In 2021, the Group sold a total of 10,943 tons of electrolytic nickel, a decrease of 3.37% over 2020; a total of 11,051 tons of cathode copper was sold, a decrease of 1.49% over 2020.

In 2021, the average sales price (tax excluded) of the Group's electrolytic nickel was RMB 124,957 per ton, up 17.73% from 2020; the average sales price of cathode copper (excluding tax) was RMB 61,041 per ton, up 47.24% from 2020.

In 2021, the Group's average sales cost of electrolytic nickel was RMB 63,514 per ton, down 9.04% from 2020; the average sales cost of cathode copper was RMB 43,541 per ton, an increase of 1.25% over 2020.