Gelonghui, April 11 | According to Guotai Junan Research Report, the net profit of China Metallurgical (601618.SH) in 2023 fell 15.6% lower than expected, of which it fell 86.3% in 2023Q4. The company signed 1424.8 billion new contracts in 2023, an increase of 6% (an increase of 12% in the same period in '22). In 2023, the number of new overseas signings reached a record high of 63.4 billion yuan, an increase of 44%. In addition, the Siadik copper mine in Pakistan discovered 3.78 million tons of copper reserves and 1.08 million tons of Einaq copper mine in Afghanistan. It is expected that the two mines will increase profits after they are put into operation. Maintain an increase in holdings rating.
研报掘金丨国泰君安:维持中国中冶“增持”评级,2023年境外新签订单创新高
Research Report: Guotai Junan: Maintaining China Metallurgical's “Gain” Rating, New Overseas Orders Reached a Record High in 2023
The translation is provided by third-party software.
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.