CGN Mining expects HKD 200 million-250 million drop in 2025 profit before tax from continuing operations

Reuters
Mar 20
<a href="https://laohu8.com/S/01164">CGN Mining</a> expects HKD 200 million-250 million drop in 2025 profit before tax from continuing operations
  • CGN Mining expects profit before tax from continuing operations to fall by HKD 200 million to HKD 250 million versus 2024.
  • Group profit is expected to rise by HKD 90 million to HKD 140 million versus 2024.
  • Lower natural uranium prices in 2025 reduced the group’s share of results from a joint venture and an associate compared with 2024.
  • Higher gross profit from a wider natural uranium trading spread supported the expected increase in overall profit.
  • Year-on-year profit was also supported by the absence of non-recurring operating losses in 2025 and lower income tax expenses than in 2024.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CGN Mining Company Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260320-12060700), on March 20, 2026, and is solely responsible for the information contained therein.

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