Jinchuan International Issues Profit Alert, Anticipates Annual Net Profit Attributable to Shareholders Between $25 Million and $35 Million

Stock News
Mar 20

Jinchuan International (02362) has announced that the group expects to report a comprehensive profit attributable to shareholders of approximately $25 million to $35 million for the 2025 reporting period. This represents a turnaround from the expected comprehensive loss attributable to shareholders of not more than $5 million anticipated for the 2024 reporting period. The current expectation for the 2024 reporting period remains consistent with the company's announcement dated March 7, 2025, titled "Profit Warning - Reduction in Loss." The primary factors contributing to the anticipated turnaround to profitability for the 2025 reporting period are mainly attributed to an increase in the selling prices of the group's principal products and effective control over operational costs.

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