CNNC INT'L (02302) Announces Interim Results with Shareholder Profit of HK$10.359 Million, Turning from Loss to Profit Year-on-Year

Stock News
08/26

CNNC INT'L (02302) announced its interim results for the six months ended June 30, 2025, reporting revenue of HK$592 million, representing a year-on-year increase of 9,151.72%. The company recorded a profit attributable to shareholders of HK$10.359 million, compared to a loss attributable to shareholders of HK$7.731 million in the same period last year, successfully turning from loss to profit. Basic earnings per share stood at 2.12 HK cents.

According to the announcement, the significant increase in the group's revenue during the review period was primarily attributed to a substantial rise in transaction volume from the group's uranium trading business, with the vast majority of revenue, approximately HK$582 million, generated from natural uranium sales to independent third parties.

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