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oasysweb3| China Nonferrous Metals (01258) estimates shareholder profit share of approximately US$84 million in the first quarter, down approximately 3% year-on-year

editor 2024-05-01 4 0

Zhitong Finance APP News, China Nonferrous Metals Mining (01258) issued an announcement that for the three months ended March 31, 2024, the groupoasysweb3: Cumulative production of cathode copper (processing services for copper-containing products) is about 32oasysweb3, 477 tons, a year-on-year decrease of approximately 9%, and approximately 23% of the annual output guidance was completed; the cumulative production of crude copper and anode copper (for processing services for copper-containing products) was approximately 110%.oasysweb3,092 tons, a year-on-year increase of approximately 22%, completing approximately 27% of the annual production guideline; the cumulative production of sulfuric acid was approximately 270,488 tons, a year-on-year increase of approximately 16%, completing approximately 27% of the annual production guideline; the cumulative production of cobalt hydroxide containing cobalt was approximately 196 tons, a year-on-year decrease of approximately 48%, completing approximately 30% of the annual production guideline; and the cumulative production of approximately 5,803 tons of liquid sulfur dioxide, a year-on-year increase of approximately 49%, completing approximately 45% of the annual production guideline.

oasysweb3| China Nonferrous Metals (01258) estimates shareholder profit share of approximately US million in the first quarter, down approximately 3% year-on-year

For the three months ended March 31, 2024, the Group estimates that the profit shared by owners will be approximately US$84 million, a year-on-year decrease of approximately 3%. Economic indicators fell year-on-yearoasysweb3The main reason is that the average international copper price fell by more than 5% year-on-year from January to March 2024.