Summary by Moomoo AI
CGN Mining Limited announced that the unaudited financial performance for the six months ending on June 30th, 2024 showed that the group's profit before tax is expected to increase by about HKD 70 million to HKD 100 million compared to the same period in 2023. However, the profit for the same period is expected to decline by HKD 50 million to HKD 80 million. This profit change is mainly affected by the positive impact of the rising natural uranium prices and the negative impact of the tightened tax policy in Kazakhstan. The company emphasized that these figures have not been audited or reviewed by auditors and may need further adjustments. CGN Mining Limited reminds shareholders and potential investors to exercise caution when trading shares and will announce detailed mid-term performance by the end of August 2024.