China Nonferrous Mining's (HKG:1258) 35% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period

Simply Wall St19:41 ET

Cancellation of aluminum and copper material export tax rebates; domestic and international prices show differentiation; leading enterprises accelerate overseas layout.

① Following the announcement of the cancellation of export tax rebates for aluminum and copper materials, aluminum prices showed a trend of "strong externally, weak internally"; ② In the long term, this will drive the industry to focus on high value-added product areas and the overseas expansion of enterprises.

cls.cnNov 17 02:21 ET

Copper Expected to Get Election Day Boost -- Market Talk

WSJNov 4 17:33 ET

Hong Kong stocks are moving differently | Copper stocks rebounded in early trading, limited downside space for bulk metal prices, strong macro sentiment providing solid support for copper prices.

Copper stocks rebounded in the morning, as of the press time, mmg (01208) rose by 7.69%, to HK$2.94; chinfmining (01258) rose by 5.23%, to HK$5.83; jiangxi copper (00358) rose by 4.89%, to HK$13.74; zijin mining group (02899) rose by 2.65%, to HK$17.02.

Zhitong FinanceOct 31 23:00 ET

China Nonferrous Mining (HKG:1258) Could Easily Take On More Debt

Simply Wall StOct 31 19:57 ET

[Brokerage Focus] Guosen maintains a "outperform" rating on chinfmining (01258), indicating its potential to fully share the profit elasticity brought by the rise in copper prices.

Golden Guard FinancialNews | Guosen Securities issued research reports, stating that chinfining (01258) accumulated production of cathode copper (including copper product processing services) was approximately 0.0959 million tons in the first three quarters, a decrease of about 13% year-on-year. The company is estimated to achieve a net income attributable to the parent of approximately 0.314 billion US dollars in the first three quarters, an increase of about 23% year-on-year, with net income attributable to the parent in Q1/Q2/Q3 of 24 reaching approximately 0.084/0.135/0.095 billion US dollars respectively. The report mentioned that the company produced approximately 0.0877 million tons of blister copper and anode copper from its own mines in 2023, and approximately 0.0817 million tons of cathode copper from its own mines, totaling about 16.93 million.

Financial News GuardOct 24 03:08 ET