China Nonferrous Mining Corporation Limited provided earnings guidance for the three months ended March 31, 2023. For the period, Group expected to record a profit attributable to owners of the Company amounting to approximately USD 87 million, representing a decrease of approximately 17% year-on-year. The year-on-year decrease in economic indicators is primarily due to the significant year-on-year decrease in international copper and cobalt prices from January to March 2023, as well as a reduction in the Company's smelting capacity load due to the suspension of production by certain copper concentrate suppliers for various reasons.
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5-day change | 1st Jan Change | ||
6.94 HKD | +0.58% | +6.93% | +35.28% |
Apr. 16 | China Nonferrous Mining Raises Over HK$971 Million from Share Sale | MT |
Apr. 01 | China Nonferrous Mining's Profit Rises 4.2%, Revenue Slumps 11.9% in 2023 | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+35.28% | 3.44B | |
-.--% | 7.15B | |
-14.21% | 6.62B | |
+4.59% | 4.24B | |
-1.83% | 4.13B | |
+30.12% | 3.92B | |
-0.08% | 3.46B | |
-27.97% | 3.44B | |
-16.86% | 2.56B | |
+18.48% | 1.98B |
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- China Nonferrous Mining Corporation Limited Provides Earnings Guidance for the Three Months Ended March 31, 2023