China Kingstone Mining HY revenue rises on crushed limestone, food sales growth

China Kingstone Mining Holdings

28/08/2026 12:43

Overview
China marble miner's half-year revenue rose 85% yr/yr to RMB 31.7 mln
Company posted a net loss for the period, which widened yr/yr
Basic loss per share narrowed slightly to RMB 2.55 cents

Outlook
China Kingstone agrees to acquire 85% of Kingstone Global Holdings and $800,000 Chilean debt for $3.2 mln, subject to conditions
Company expects to apply HK$3.69 mln of unutilised May placement proceeds toward intended uses by Sept. 30, 2026

Result Drivers
HIGHER CRUSHED LIMESTONE SALES - Revenue from crushed limestone increased 112.4% year-on-year to RMB16.6 million
FOOD BRAND GROWTH - Revenue from the food brand business increased 61.5% year-on-year to RMB15.1 million
HIGHER ADMINISTRATIVE EXPENSES - Administrative expenses increased to RMB23.6 million from RMB11.4 million, mainly due to higher staff costs, public relations and marketing expenses, and legal and professional fees

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 31.70 mln
 

Analyst Coverage
The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 2 three months ago

Reuters Recommended Reads
Aug 27 - China National Building Material swings to H1 loss; hurt by lower cement prices, weak demand
Aug 26 - South China Holdings H1 revenue falls, net loss widens
Aug 27 - China's Aowei Holding H1 revenue rises, helped by iron ore prices, volumes

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)