CHINFMINING (HKEX: 01258) has released a trading update, projecting that for the six-month period ending June 30, 2026, the profit attributable to the company's owners will be approximately US$420 million.
This figure represents an increase of roughly 60% compared to the profit for the corresponding period ending June 30, 2025.
The board of directors attributes this anticipated significant growth in profit primarily to the positive impact of rising international copper prices and higher sulfuric acid prices.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments