CGN MINING announced its annual performance for the year ending December 31, 2024. During the period, the company achieved revenue of 8.624 billion HKD, representing a 17% year-on-year increase; net profit was 0.342 billion HKD, a decline of 31% year-on-year; and basic earnings per share were 4.50 HK cents. The company declared a final dividend of 0.7 HK cents per share, along with a mid-term dividend of 0.3 HK cents, resulting in a total annual dividend of 1 HK cent.The company's natural Uranium Trade division recorded a loss of 95 million HKD, but its business in Kazakhstan performed strongly, contributing a profit of 1.016 billion HKD. The joint venture Semizbay-U and the affiliated company Ortalyk operated well and provided important support for the company...Show More

CGN MINING announced its annual performance for the year ending December 31, 2024. During the period, the company achieved revenue of 8.624 billion HKD, representing a 17% year-on-year increase; net profit was 0.342 billion HKD, a decline of 31% year-on-year; and basic earnings per share were 4.50 HK cents. The company declared a final dividend of 0.7 HK cents per share, along with a mid-term dividend of 0.3 HK cents, resulting in a total annual dividend of 1 HK cent.The company's natural Uranium Trade division recorded a loss of 95 million HKD, but its business in Kazakhstan performed strongly, contributing a profit of 1.016 billion HKD. The joint venture Semizbay-U and the affiliated company Ortalyk operated well and provided important support for the company’s performance. During the period, the company completed a share swap transaction with Paladin Energy Limited and terminated its property investment and Fission investment businesses.In terms of financial status, the company’s total Assets are 7.648 billion HKD, and net current liabilities amount to 0.292 billion HKD. The company secured a 0.38 billion USD Crediting facility provided by its parent company CGN Uranium Development, ensuring adequate funding support. The company continues to strengthen its Forex risk management, establishing a comprehensive credit risk monitoring system, and maintaining good liquidity through diversified financing channels.