China Nonferrous Mining Expects Profit Surge

China Nonferrous Mining Corp. Ltd. (HK:1258) has released an update.

China Nonferrous Mining Corporation Limited anticipates a robust increase in profits, with a 17% rise to approximately $217 million for the first half of 2024, primarily driven by rising international copper prices. The company advises shareholders and potential investors to exercise caution when dealing with its shares and to await the detailed interim results due by the end of August 2024. This financial forecast, based on unaudited accounts, is subject to adjustments and has not yet been reviewed by auditors.

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