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Xianglu Tungsten Industry: Guangdong Xianglu Tungsten Co., Ltd. 2024 Annual Performance Forecast
Guangdong Xianglu Tungsten (002842.SZ): Expected loss of 65 million to 95 million yuan for the year 2024.
On January 20, Gelonghui reported that Guangdong Xianglu Tungsten (002842.SZ) announced its performance forecast for 2024, projecting a net income loss attributable to shareholders of the listed company between 65 million yuan and 95 million yuan, compared to a loss of 129.1231 million yuan in the same period last year; the net income after excluding non-recurring gains and losses is expected to be a loss of 100 million yuan to 135 million yuan, compared to a loss of 130.3595 million yuan in the same period last year; basic EPS is anticipated to be a loss of 0.24 to 0.34 yuan per share. The average price of black tungsten concentrate for 2024 is expected to be 0.137 million yuan per standard ton, compared to December 2023.
Raw material supply is tight! Many tungsten companies have raised long-term quotes, is a new cycle about to begin?
Tungsten prices aim for new highs.
Xianglu Tungsten: Report for the Third Quarter of 2024
Guangdong Xianglu Tungsten (002842.SZ): Qilong Trading plans to transfer 6.5% of its shares to Guoan Fund.
Guangdong Xianglu Tungsten (002842.SZ) announced on September 5 that the company recently received a notice from shareholder Qiulong Trading, which holds more than 5% of the shares. Qiulong Trading learned that it has signed a 'share transfer agreement' with Guoan Fund, intending to transfer 17,860,000 unrestricted tradable shares of the company held by Qiulong Trading, accounting for 6.5% of the total share capital of the company, to Guoan Fund at a price of RMB 4.689 per share through the agreement. If the transaction is completed as planned, Guoan Fund will become a shareholder with more than 5% of the company's shares. This change in equity will not affect the company's controlling shareholders and actual controllers.
Xianglu Tungsten Industry: 2024 Semi-Annual Report Summary