Jiangxi Copper achieved a record high in net profit last year. The trend of Industry consolidation may intensify. | Interpretations

① The company achieved its best annual performance since going public; ② The company stated that the trend of domestic Industry consolidation may intensify in 2025.

cls.cnMar 27 11:06 ET

The outlook for Copper and Gold is optimistic! Although prices are at historic highs, JPMorgan believes that Zijin Mining Group is "not expensive."

JPMorgan believes that Gold has become a key profit driver for the company, contributing 32% of gross profit in fiscal year 2024 (up from 26% in 2023), mainly due to a 28% year-on-year increase in the average selling price. It is expected that Gold production will reach 85 tons in 2025 (a year-on-year increase of 17%), and Copper production will reach 1.15 million tons (a year-on-year increase of 8%).

wallstreetcnMar 26 03:29 ET

Yunnan Copper's revenue increased in 2024, but profits did not; the production volume of main products for 2025 is raised | Interpretations

① Due to losses in Q4, Yunnan Copper will see revenue increase without profit growth for the entire year of 2024; ② The company has increased the production volume of its main products for 2025.

cls.cnMar 25 11:16 ET

Zijin Mining Group Chairman Chen Jinghe discusses acquisition strategy. High-value projects still exist in the Industry despite high positions | Coverage of the Earnings Conference.

① Chen Jinghe believes that, despite the current high running levels in the Industry, there are still projects with good cost performance; ② Chen Jinghe explained the company's merger strategy from four aspects.

cls.cnMar 24 10:08 ET

Zijin Mining Group's revenue has exceeded 300 billion, achieving a historic high. Chen Jinghe: There should be a mindset of preparation for "winter" | Interpretations

① In 2024, Zijin Mining Group's net profit increased by more than 50% to reach 32.051 billion yuan, with revenue exceeding 300 billion yuan for the first time; ② The company's Director, Chen Jinghe, emphasized the need to be prepared for 'winter' in terms of mindset.

cls.cnMar 22 00:27 ET

Revenue exceeds 200 billion for the first time, net profit reaches a historical high. CMOC Group Limited: a new significant opportunity window is opening | Interpretations

① In 2024, net profit increased by over 60% to 13.532 billion yuan, with revenue surpassing 200 billion yuan for the first time; ② the best annual performance since the company's listing; ③ the company stated that a new significant opportunity window is emerging.

cls.cnMar 21 10:56 ET