JX Advanced Metals raises FY2026 operating profit forecast to JPY 232 billion
Reuters2026/08/06 06:38- JX Nippon Mining & Metals lifted FY2026 guidance: revenue JPY 1.03 trillion; operating profit JPY 232 billion; pre-tax profit JPY 221 billion.
- Net profit attributable to owners seen at JPY 141 billion; basic profit per share forecast at JPY 155.8.
- Prior forecast was revenue JPY 930 billion; operating profit JPY 190 billion; pre-tax profit JPY 178 billion; net profit JPY 114 billion.
- Upgrade reflects stronger sales volumes, firmer prices in focus businesses tied to AI data center demand, supportive yen-dollar and copper prices.
- Assumptions include LME copper at 586 cents per pound; yen-dollar rate at JPY 157, despite weather-hit mine output in mineral resources.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US military strikes Iranian oil tanker, triggering geopolitical risks as Brent crude nears $97 mark
Following the US military's attack on Iranian oil tankers and Iran's announcement of new restricted navigation zones outside the Strait of Hormuz, market concerns over prolonged disruptions in key energy transport routes have intensified, leading to a sharp rise in international oil prices.
Geopolitical tensions overshadowing production cuts: OPEC+ maintains quotas unchanged, paper adjustments fail to resolve physical supply dilemmas
OPEC+ major oil producers, led by Saudi Arabia and Russia, held a monthly video conference last Sunday and decided to keep the crude oil production quota for October unchanged, continuing the previous tone of stable production following a series of symbolic production increases.
IX Biopharma seeks SGX-ST trading halt lift for shares in Singapore
No Public Money Behind El Salvador’s New Bitcoin, IMF Confirms
Crypto prices
More
