China Silver Forecasts Surge in 2025 Profit

MT Newswires Live
03/18

Non-ferrous metals manufacturer China Silver Group (HKG:0815) expects an attributable profit of between 570 million yuan and 600 million yuan for the year 2025, up from 10 million yuan a year prior, according to a Wednesday Hong Kong bourse filing.

The firm attributed the forecast to a higher net profit margin from its manufacturing segment, a rise in revenue from a new jewelry retail segment operated by former unit Mount Everest Gold Group (HKG:1815), and a gain from the disposal of Mount Everest Gold and a fresh food retail segment it operated.

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