CMOC Group Expects H1 Profit to Rise by Up to 68%; Shares Fall 1%

MT Newswires Live
15 Jul

CMOC (SHA:603993, HKG:3993) said it expects its H1 profit to rise by up to 68% year over year, according to a Hong Kong bourse filing Monday.

Shares of the miner fell over 1% in Hong Kong Tuesday morning, while its Shanghai-listed shares slipped almost 1%.

The company expects attributable profit of 8.2 billion yuan to 9.1 billion yuan for the six months ended June 30, representing an increase of 51% to 68% compared with the same period last year.

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