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PERSISTENCE RES (02489.HK) profit warning: expected net profit for the 2024 fiscal year to increase by approximately 54% to 0.146 billion yuan.
Gelonghui announced on March 24 that PERSISTENCE RES (02489.HK) expects to record a net profit increase of approximately RMB 51 million for the year ending December 31, 2024 (the "relevant period"), an increase of about 54% compared to the year ending December 31, 2023 (the "same period"), reaching approximately RMB 0.146 billion (net profit for the same period: RMB 94.939 million). The increase in net profit for the relevant period is mainly attributable to: (i) an increase in gross profit due to higher average selling prices; and (ii) an increase in interest income earned from the balance of cash and cash equivalents.
Express News | Persistence Resources Group Ltd - Expects Net Profit Increase of RMB51 Million for 2024
PERSISTENCE RES: PROFIT ALERT
PERSISTENCE RES (02489.HK) held a Board of Directors meeting on March 28 to approve the annual performance.
Gelonghui reported on March 10 that PERSISTENCE RES (02489.HK) announced that the Board of Directors will hold a meeting on March 28, 2025 (Friday) to approve the annual performance and its release for the year ending December 31, 2024, as well as to consider the proposed profit distribution plan, if any.
PERSISTENCE RES: NOTICE OF BOARD MEETING
Persistence Resources Group Completes Acquisition of Majority Stake in China-based Mining Company
