Tibet Summit Resources Expects Up to 135% Surge in 2025 Profit

MT Newswires Live

01/29

Tibet Summit Resources (SHA:600338) forecasts a 92% to 135% rise in its net attributable profit to between 441.5 million yuan and 539.6 million yuan in 2025 from 229.6 million yuan in 2024, according to a Thursday filing with the Shanghai bourse.

The mining company attributed the expected rise to the recovery of production capacity at its Tazhong Mining subsidiary, as well as quality and efficiency improvements, among other factors, the filing said.

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