Understanding the Market | CHINFMINING rose over 3%, estimated that the profit attributable to the company's owners in the first three quarters increased by approximately 13% year-on-year
CHINFMINING's stock price rose by more than 3%, with an increase of 3.12% as of the time of publication, trading at HKD 14.53, with a transaction volume of HKD 136 million. The company expects to achieve a profit attributable to owners of approximately USD 356 million for the nine months ending September 30, 2025, representing a year-on-year increase of about 13%. This is mainly driven by the rise in international copper prices and an increase in the production and sales volume of cathode copper
According to the Zhitong Finance APP, China Nonferrous Mining (01258) rose over 3%, with a current increase of 3.12%, priced at HKD 14.53, and a trading volume of HKD 136 million.
In terms of news, on October 24, China Nonferrous Mining announced that for the nine months ending September 30, 2025, the group expects to achieve a profit attributable to shareholders of approximately USD 356 million, a year-on-year increase of about 13%. The main reason for the year-on-year growth in economic indicators is the increase in international copper prices and the rise in the production and sales volume of cathode copper.
For the nine months ending September 30, 2025, the group: cumulatively produced approximately 107,700 tons of cathode copper (including copper product processing services), a year-on-year increase of about 12%, achieving approximately 77% of the annual production guidance; of which, self-owned mines produced approximately 63,900 tons of cathode copper, basically flat compared to the same period last year; cumulatively produced approximately 307,600 tons of crude copper and anode copper (including copper product processing services), a year-on-year increase of about 7%, achieving approximately 77% of the annual production guidance; of which, self-owned mines produced approximately 54,200 tons of crude copper and anode copper, a year-on-year decrease of about 6%; cumulatively produced approximately 788,300 tons of sulfuric acid, a year-on-year increase of about 2%, achieving approximately 79% of the annual production guidance; cumulatively produced approximately 676 tons of cobalt hydroxide containing cobalt, a year-on-year decrease of about 12%, achieving approximately 75% of the annual production guidance; and cumulatively produced approximately 1,442 tons of liquid sulfur dioxide, a year-on-year decrease of about 90%, achieving approximately 14% of the annual production guidance
