CNNC International Forecasts Turnaround to H1 Profit
MT Newswires Live
Jul 31
CNNC International (HKG:2302) expects an attributable profit of at least HK$9.5 million in the first half of 2025, compared with an attributable loss of HK$7.7 million a year prior, a Thursday Hong Kong bourse filing said.
The uranium resources developer attributed the forecast to significantly higher gross profits arising from a rise in trading volume in its uranium trading business, as well as a boost in bank interest income.
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