On August 21, CHINFMINING rose 3.98% in regular trading, trading at HK$14.86/share, with turnover of HK$43.32 million.
On the news front, the company's board of directors is convening today to review its interim results and dividend matters for the first half of the year. The company had previously issued a positive profit alert, forecasting attributable profit of approximately US$420 million for the six months ended June 30, representing a year-on-year increase of approximately 60%. The board attributed the significant earnings growth primarily to rising international copper prices and higher sulfuric acid prices during the period.
Within the Copper sector, individual stocks showed broad gains. Among peers, JINXUN RESOURCE up 4.58%, CDAYENONFER up 4.35%, JIANGXI COPPER up 2.43%, JINCHUAN INTL flat, CMRU flat.
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