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China Nonferrous Mining Reports Strong Financial Growth in 2024

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China Nonferrous Mining Reports Strong Financial Growth in 2024

The latest update is out from China Nonferrous Mining Corp. Ltd. ( (HK:1258) ).

China Nonferrous Mining Corporation Limited announced its annual results for the year ended December 31, 2024, reporting a revenue increase of 5.8% to US$3,816.5 million and a significant net profit rise of 46.2% to US$557.5 million compared to the previous year. The company also reported a 43.6% increase in profit attributable to owners, highlighting its strong operational performance and financial growth, which could positively impact its stakeholders and market positioning.

More about China Nonferrous Mining Corp. Ltd.

China Nonferrous Mining Corporation Limited is a company incorporated in Hong Kong, operating in the mining industry with a focus on nonferrous metals. The company is involved in the production and sale of copper and other related products.

YTD Price Performance: 8.73%

Average Trading Volume: 5,200

Technical Sentiment Signal: Strong Sell

Current Market Cap: €2.75B

For a thorough assessment of 1258 stock, go to TipRanks’ Stock Analysis page.

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