CNNC INT'L Reports 2025 Financial Results: HK$1.92 Billion Net Profit Amid Revenue Surge

Stock News03-25

CNNC INT'L (02302) announced its annual results for the period ending December 31, 2025. The company reported revenue of HK$24.9 billion, representing a significant increase of 35.2% compared to the previous year. Net profit was HK$1.92 billion, which marked a slight decrease of 1.3% year-on-year. Basic earnings per share stood at 39.3 HK cents.

Despite a minor contraction in profit margins, the fiscal year witnessed substantial revenue growth. This increase in revenue was primarily driven by transactions with independent third parties within the Group's uranium trading business, coupled with an overall rise in trading volume from continuing connected transactions.

With the spot uranium price demonstrating relative stability during the second half of 2024 and throughout the reporting period, the Group was able to expand its uranium trading activities in a controlled risk environment. This expansion also facilitated the fulfillment of backlogged demand for uranium products, which was carried over from 2024 under the framework of continuing connected transactions for the parent company group.

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