China Mining International Flags Increased Loss for 2024

MT Newswires

02/27

China Mining International (SGX:BHD) expects to book a wider loss for the year ended Dec. 31, 2024, compared with a year earlier, according to a filing with the Singapore Exchange on Wednesday.

The company attributed this to fair valuation loss on an indirect investment in mining rights granted by a relevant authority in South Africa.

In 2023, it booked an attributable loss of 47.8 million yuan.

The company will release its 2024 financial results on or before Friday.

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