The 2024 performance forecasts have been released, showing strong growth in the overall performance of the nonferrous metals industry on the Shanghai market, with relevant companies delivering impressive results. According to Statistics, among the 29 nonferrous metals companies listed on the Shanghai market, 22 reported increased profits, returned to profit, or reduced losses, resulting in a favorable rate of 75%. Based on the upper limit of the performance forecast estimation, the total profit is approximately 77 billion yuan, representing a year-on-year increase of 64%. Leading companies such as Zijin Mining Group, CMOC Group Limited, and Aluminum Corporation Of China are speeding ahead in the market, showcasing the industry's resilience and vitality. Industry insiders indicate that considering the strong support for nonferrous metals consumption demand in 2025, prices for nonferrous metals are expected to continue to strengthen. (Shanghai Securities Journal)

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合计最多盈利约770亿元 沪市有色金属公司2024年业绩劲增
The total profit is approximately 77 billion yuan, and the performance of nonferrous metals companies on the Shanghai market is expected to increase significantly in 2024.
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