---
title: "CGN Mining Grows Revenue but Widens Interim Loss, Keeps Dividend on Hold"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297220342.md"
description: "CGN Mining reported a 19% revenue increase to HK$2.03 billion for the first half of 2026, yet shareholder losses widened by 18% to HK$80 million due to higher sales costs and lower joint venture contributions. Despite improved gross loss margins and reduced finance costs, the company remains unprofitable and withheld interim dividends. Analysts maintain a 'Buy' rating with a HK$3.37 price target."
datetime: "2026-08-27T15:11:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297220342.md)
  - [en](https://longbridge.com/en/news/297220342.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297220342.md)
generator: "portal-rs"
---

# CGN Mining Grows Revenue but Widens Interim Loss, Keeps Dividend on Hold

An announcement from CGN Mining Co ( (HK:1164) ) is now available.

CGN Mining Co reported interim revenue of about HK$2.03 billion for the six months to 30 June 2026, up roughly 19% year on year, but its loss attributable to shareholders widened 18% to about HK$80 million as higher cost of sales offset the top-line growth. The company also saw lower contributions from its joint venture and associate holdings and maintained its decision not to declare an interim dividend, underscoring continued margin pressure and a cautious capital return stance for investors.

The group’s gross loss narrowed to HK$119 million from HK$247 million as operating efficiency improved, while finance costs fell, but these gains were insufficient to bring the business back to profitability. The widening per-share loss to HK1.05 cents and the ongoing absence of dividends highlight that, despite revenue growth, the company is still working through cost and profitability challenges that may weigh on near-term shareholder returns.

The most recent analyst rating on (HK:1164) stock is a Buy  
 with a HK$3.37 price target.  
 To see the full list of analyst forecasts on CGN Mining Co stock,  
 see the HK:1164 Stock Forecast page. 

**More about CGN Mining Co**

CGN Mining Co is a Hong Kong-listed company engaged in the mining and trading of natural resources, with a focus on uranium and related energy materials. The group operates through production, sales, and investment in joint ventures and associates within the wider nuclear fuel and resources supply chain, targeting both domestic Chinese and international markets.

**Average Trading Volume:** 42,952,781

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$21.93B

For an in-depth examination of 1164 stock, go to TipRanks’ Overview page.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**