Jiaxin International Resources Investment (HKG:3858) expects net attributable profit of HK$1.45 billion to HK$1.55 billion for the first half, compared with a net loss of HK$6 million a year earlier, according to a July 10 Hong Kong bourse filing.
The company attributed the expected turnaround mainly to commercial extraction and production of tungsten concentrates during the period.
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