China Nonferrous Mining Corporation Limited provided earnings guidance for the three months ended March 31, 2023. For the period, Group expected to record a profit attributable to owners of the Company amounting to approximately USD 87 million, representing a decrease of approximately 17% year-on-year. The year-on-year decrease in economic indicators is primarily due to the significant year-on-year decrease in international copper and cobalt prices from January to March 2023, as well as a reduction in the Company's smelting capacity load due to the suspension of production by certain copper concentrate suppliers for various reasons.
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5-day change | 1st Jan Change | ||
7.15 HKD | +3.92% | +10.17% | +39.38% |
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1st Jan change | Capi. | |
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+39.38% | 3.57B | |
-.--% | 7.04B | |
-13.48% | 6.68B | |
+1.30% | 4.11B | |
-5.18% | 3.99B | |
+29.11% | 3.89B | |
-25.51% | 3.56B | |
+1.27% | 3.51B | |
-17.22% | 2.55B | |
+18.22% | 1.98B |
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