China Vanadium Titano-Magnetite Mining (HKG:0893) expects an attributable profit of up to 1.5 million yuan in the first half of 2025, compared with an attributable loss of 200,000 yuan a year prior, a late Monday Hong Kong bourse filing said.

Shares of the iron ore mining company were up 2% in Tuesday afternoon trading.

The firm attributed the forecast to a higher other income, lower other expenses, and a decline in finance costs.