CHINFMINING estimates that the profit attributable to the company's owners for the first three quarters is approximately USD 356 million, a year-on-year increase of about 13%

Zhitong
2025.10.24 13:42
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CHINFMINING expects that for the first three quarters ending September 30, 2025, the profit attributable to the company's owners will be approximately USD 356 million, a year-on-year increase of about 13%. This is mainly driven by the rise in international copper prices and the increase in the production and sales volume of cathode copper. The group has produced approximately 107,700 tons of cathode copper, a year-on-year increase of about 12%; approximately 307,600 tons of crude copper and anode copper, a year-on-year increase of about 7%; approximately 788,300 tons of sulfuric acid, a year-on-year increase of about 2%; approximately 676 tons of cobalt contained in cobalt hydroxide, a year-on-year decrease of about 12%; and approximately 1,442 tons of liquid sulfur dioxide, a year-on-year decrease of about 90%

According to the announcement from China Nonferrous Mining (01258), for the nine months ending September 30, 2025, the group estimates to achieve a profit attributable to shareholders of approximately USD 356 million, representing a year-on-year increase of about 13%. The main reason for the year-on-year growth in economic indicators is the rise in international copper prices and the increase 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; among which, self-owned mines produced approximately 63,900 tons of cathode copper, remaining 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; among 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