02362 JINCHUAN INTL
- 0.540
- +0.030+5.88%
JINCHUAN INTL News
Jinchuan Group International Resources Turns to Profit in H1
Jinchuan Intl (02362) announced its interim performance, with a net profit attributable to shareholders of 9.241 million US dollars, a turnaround from a loss.
Jinchuan Intl (02362) has released its interim results for the six months ended June 30, 2024, and the group has achieved earnings...
Express News | Jinchuan Group International Resources H1 Net Income USD 12.8 Million
Express News | Jinchuan Group International Resources H1 Gross Profit USD 43 Million
JINCHUAN INTL: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
Upcoming Conference | Jinchuan Intl (2362.HK): Building a first-class boutique leading enterprise in new energy upstream materials.
Share highlights of the semi-annual performance, business advantages and long-term development potential of the company.
HK stocks fluctuate | Jinchuan Intl (02362) rose more than 3% after reporting good profits, and it is expected that the attributable net profit to shareholders in the mid-term will be no less than $5 million USD.
Shares of Jinchuan International (02362) rose more than 3% after the announcement of profit growth. As of press time, the stock has risen 3.77%, trading at HKD 0.55 with a turnover of HKD 3.5342 million.
Jinchuan Group's Copper Output Falls in July; Expects Return to Profit in H1
More Unpleasant Surprises Could Be In Store For Jinchuan Group International Resources Co. Ltd's (HKG:2362) Shares After Tumbling 36%
Jinchuan Intl pleased with profit announcement, with expected mid-term shareholder net profit of no less than $5 million.
Jinchuan Intl (02362) announced that the group expects shareholders' share of profit in the first half of 2024 to be no less than $5 million, while in the first half of 2023, shareholders' share of loss was about $12.5 million (unaudited). The expected turnaround from loss to profit for shareholders' share from the first half of 2023 to the first half of 2024 is mainly due to: the increase in the average benchmark price of copper on the London Metal Exchange in the first half of 2024, which led to an increase in the average realized price of copper in the first half of 2024; and a significant reduction in net exchange losses in the first half of 2024, which is attributed to the group's involvement in Congo.
Jinchuan Intl (02362.HK) Profit Alert: Expected first-half net profit attributable to shareholders not less than 5 million US dollars.
Jinchuan Intl (02362.HK) announced that the group expects the shareholders' attributable surplus will be no less than USD 5 million in the first half of 2024, while a shareholders' attributable loss of about USD 12.5 million (unaudited) was recorded in the first half of 2023. The expected reversal from the shareholders' attributable loss in the first half of 2023 to the surplus in the first half of 2024 is mainly due to: (1) the increase in the average benchmark price of copper on the London Metal Exchange in the first half of 2024, resulting in the rise of the average realized price of copper in the first half of 2024; (2) net foreign exchange gains recorded in the first half of 2024.
Express News | Jinchuan Group International Resources - Expected Result Due to Increase in Average Realised Price of Copper in 1H, Others
Express News | Jinchuan Group International Resources Sees Profit Attributable of Not Less Than US$5 Mln for 2024 1H
JINCHUAN INTL: OPERATIONAL UPDATEFOR THE SIX MONTHS ENDED 30 JUNE 2024AND POSITIVE PROFIT ALERT
Jinchuan Intl (02362.HK) plans to hold a board of directors meeting on August 23rd to approve the interim performance.
Jinchuan Intl (02362.HK) announced on August 13 that it will hold a board of directors meeting on August 23, 2024 (Friday), in order to consider and approve the interim performance of the company and its subsidiaries as of June 30, 2024, as well as to consider declaring interim dividends (if any).
JINCHUAN INTL: DATE OF BOARD MEETING
Jinchuan Intl (02362) subsidiary received an increase in loan amount to 50 million US dollars.
Jinchuan Intl (02362) announced that on August 22, 2023, its wholly-owned subsidiary Meto...
Express News | Jinchuan Group International Resources - Uncommitted Revolving Loan Facility Amount Increased to US$50 Mln
Investors Could Be Concerned With Jinchuan Group International Resources' (HKG:2362) Returns On Capital
Jinchuan Intl affiliate awarded revolving loan financing with an upper limit of $30 million.
Jinchuan Intl (02362) announced that on July 30, 2024, one of its wholly-owned subsidiary, Metorex (Proprietary) Limited (as the borrower) and a bank as the lender have signed a loan agreement for a revolving loan financing with a total upper limit of 30 million USD and a term of 12 months. The loan financing will be used for the general funding requirements of the borrower and its affiliates. According to the loan agreement, Jinchuan Group Limited (Jinchuan Group), as the ultimate controlling shareholder of the company, must maintain its ultimate controlling rights over the borrower. Any violation of this will result in the bank's.
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