According to the Zhitong Finance App, Jinchuan International (02362) announced its 2023 results, achieving revenue of about US$639 million, a year-on-year decrease of 28%; loss due to company owners of US$115.58 million and profit due in 2022 of US$1.028 million; loss of 0.09 cents per share, and proposed final dividend of HK0.2 cents per common share.

According to the announcement, the Group's financial results in 2023 declined somewhat compared to 2022, mainly due to continued falling copper and cobalt commodity prices, rising production costs, delays in sales of cobalt products, impairment losses on cobalt stocks and recoverable VAT, exchange losses due to depreciation of the Congolese franc, and offset by depreciation losses on property, plant and equipment and mineral rights.