CMOC Forecasts Over 50% Surge in 2025 Net Profit on Higher Metal Prices and Volumes
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CMOC Group Limited forecasts a net profit of RMB20.0 billion to RMB20.8 billion for 2025, marking a 48% to 54% increase year-on-year. The profit, excluding non-recurring items, is expected to rise to RMB20.4 billion to RMB21.2 billion, a 56% to 62% increase from 2024. This growth is attributed to higher sales volumes and prices of key products, alongside effective cost control. The current analyst rating for CMOC stock (HK:3993) is a Hold with a price target of HK$24.00.
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