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 | ||
7.94 HKD | -0.75% | +10.12% | +54.78% |
May. 03 | China Nonferrous Mining Expects 3% Decline in Q1 Profit | MT |
Apr. 30 | China Nonferrous Mining Corporation Limited Reports Production Results for the Three Months Ended 31 March 2024 | CI |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+54.78% | 3.97B | |
-.--% | 7.2B | |
-13.39% | 6.82B | |
+3.69% | 4.31B | |
+32.23% | 4.04B | |
-6.40% | 3.98B | |
-18.62% | 3.94B | |
+2.95% | 3.61B | |
-20.72% | 2.49B | |
+18.80% | 1.94B |
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