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Huayu Mining: Huayu Mining 2024 Annual Results Advance Announcement
Huayu Mining 2024 Annual Results Advance Announcement
The rise in gold and antimony prices, along with the completion of overseas projects, leads Tibet Huayu Mining to expect a net profit growth of over three times year-on-year in 2024 | Interpretations.
① Tibet Huayu Mining expects a Net income for 2024 to be between 0.275 billion yuan and 0.335 billion yuan, which represents an increase of 0.201 billion yuan to 0.261 billion yuan compared to the same period last year, with a year-on-year increase of 272.19% to 353.39%. ② The overseas subsidiary "Tower Aluminum Industry" of the company, Kangqiao Qijin, has improved its Operation capacity in the antimony project, benefiting from both price and volume increases, resulting in enhanced profitability.
Tibet Huayu Mining (601020.SH): It is expected that the net income in 2024 will increase by 272.19% to 353.39% year-on-year.
On January 23, Gelonghui reported that Tibet Huayu Mining (601020.SH) announced that 1. According to preliminary calculations by the company's finance department, the estimated net income attributable to the shareholders of the listed company for the fiscal year 2024 is expected to be between 275 million yuan and 335 million yuan. Compared to the same period last year, it is expected to increase by 201.1128 million yuan to 261.1128 million yuan, representing a year-on-year increase of 272.19% to 353.39%. 2. The estimated net income attributable to the shareholders of the listed company, after excluding non-recurring gains and losses, for the fiscal year 2024 is expected to be between 270 million yuan and 330 million yuan, compared to the same period last year.
Hua Fu Securities: Antimony ore supply is sufficient, the export game continues.
Upstream raw material prices remain high, and with weak demand, raw material procurement will become cautious. In the short term, both antimony supply and demand are weak, and prices are under pressure while running. Keep an eye on the pre-holiday inventory replenishment situation.
tibet huayu mining (601020.SH): has not yet involved AI technology application
gelonhui November 13th | tibet huayu mining (601020.SH) stated on the investor interaction platform that the company is currently not involved in the application of AI technology. If there are relevant plans in the future, the company will strictly fulfill its disclosure obligations in a timely manner according to relevant laws and regulations.