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China Qinfa's Profit to Rise in 2024

MT Newswires Live03-11

China Qinfa Group (HKG:0866) expects a post-tax profit of up to 560 million yuan for 2024, up from 192 million yuan a year prior, a Monday filing with the Hong Kong bourse said.

The mining company attributed the anticipated rise in profit mainly to an increase in net gain on the substantial and non-substantial modification of borrowings.

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