China Guangzhou Nuclear Mining (1164.HK) rose more than 11% to HK $0.90, with a total market capitalization of HK $6.8 billion. The company announced yesterday that it expected the Group's net profit for the six months ended June 30, 2022 to rise from approximately HK $36 million to approximately HK $340 to HK $360 million for the six months ended June 30, 2021. This is mainly due to (1) the increase in gross profit due to the increase in the trade spread of natural uranium, and (2) the increase in the price of natural uranium, which leads to an increase in the performance of the joint venture attributable to Shemizbey uranium Limited Partnership (Semizbay-U Limited Liability Partnership). And (3) after completing the acquisition of 49% interest in mining company Mining Company "ORTALYK" LLP ("Austria") in July 2017, the performance of the associated company attributable to Austria has been increased.
港股异动 | 中广核矿业(1164.HK)高开超11% 预计中期纯利大幅上升至约3.4-3.6亿港元
Changes in Hong Kong stocks | China Guangzhou Nuclear Mining (1164.HK) is expected to increase its medium-term net profit by 11% to about HK $3.4-360 million.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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