CGN MINING Shares Decline Over 4% in Morning Session on Projected Profit Dip

Stock News

3 hours ago

CGN MINING (01164) saw its shares fall more than 4% during early trading. At the time of writing, the stock was down 2.96%, trading at HK$3.61, with a turnover of HK$33.5876 million. The movement follows a company announcement projecting that the pre-tax profit from its continuing operations for 2025 will decrease by approximately HK$200 million to HK$250 million compared to the previous year. However, the company expects its overall profit for 2025 to increase by about HK$90 million to HK$140 million year-on-year. According to the announcement, the rise in total profit for 2025 compared to 2024 is mainly due to improved gross profit margins resulting from higher spreads in natural uranium trading. Additionally, the company reported no non-recurring operating losses for 2025, leading to an overall improvement in performance. The company's income tax expense for 2025 is also expected to be lower than in the same period of 2024.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1114780877"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1114780877\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1114780877?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-24 10:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1114780877","market":"sg","top_or_hot":-1,"title":"CGN MINING Shares Decline Over 4% in Morning Session on Projected Profit Dip","media":"Stock News","content":"<p>CGN MINING (01164) saw its shares fall more than 4% during early trading. At the time of writing, the stock was down 2.96%, trading at HK$3.61, with a turnover of HK$33.5876 million. The movement follows a company announcement projecting that the pre-tax profit from its continuing operations for 2025 will decrease by approximately HK$200 million to HK$250 million compared to the previous year. However, the company expects its overall profit for 2025 to increase by about HK$90 million to HK$140 million year-on-year. According to the announcement, the rise in total profit for 2025 compared to 2024 is mainly due to improved gross profit margins resulting from higher spreads in natural uranium trading. Additionally, the company reported no non-recurring operating losses for 2025, leading to an overall improvement in performance. The company's income tax expense for 2025 is also expected to be lower than in the same period of 2024.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CGN MINING Shares Decline Over 4% in Morning Session on Projected Profit Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCGN MINING Shares Decline Over 4% in Morning Session on Projected Profit Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-03-24 10:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CGN MINING (01164) saw its shares fall more than 4% during early trading. At the time of writing, the stock was down 2.96%, trading at HK$3.61, with a turnover of HK$33.5876 million. The movement follows a company announcement projecting that the pre-tax profit from its continuing operations for 2025 will decrease by approximately HK$200 million to HK$250 million compared to the previous year. However, the company expects its overall profit for 2025 to increase by about HK$90 million to HK$140 million year-on-year. According to the announcement, the rise in total profit for 2025 compared to 2024 is mainly due to improved gross profit margins resulting from higher spreads in natural uranium trading. Additionally, the company reported no non-recurring operating losses for 2025, leading to an overall improvement in performance. The company's income tax expense for 2025 is also expected to be lower than in the same period of 2024.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1594","symbol_name":"碳中和概念股","start_time":0,"source_url":"","article_id":"1114780877","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114780877","pubTimestamp":1774319176,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CGN MINING (01164) saw its shares fall more than 4% during early trading. At the time of writing, the stock was down 2.96%, trading at HK$3.61, with a turnover of HK$33.5876 million. The movement...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1594":"碳中和概念股","BK1524":"核电","BK1178":"煤与消费用燃料","01164":"中广核矿业","VXUS":"国际股票ETF-Vanguard","BK4588":"碎股","BK1592":"有色金属","BK4585":"ETF&股票定投概念"},"translate_title":"中广核矿业股价早盘下跌逾4%，预计利润下降","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01164":1,"VXUS":1},"content_text":"CGN MINING (01164) saw its shares fall more than 4% during early trading. At the time of writing, the stock was down 2.96%, trading at HK$3.61, with a turnover of HK$33.5876 million. The movement follows a company announcement projecting that the pre-tax profit from its continuing operations for 2025 will decrease by approximately HK$200 million to HK$250 million compared to the previous year. However, the company expects its overall profit for 2025 to increase by about HK$90 million to HK$140 million year-on-year. According to the announcement, the rise in total profit for 2025 compared to 2024 is mainly due to improved gross profit margins resulting from higher spreads in natural uranium trading. Additionally, the company reported no non-recurring operating losses for 2025, leading to an overall improvement in performance. The company's income tax expense for 2025 is also expected to be lower than in the same period of 2024.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}