Zijin Mining reports 52pc profit jump
Zijin Mining (2899) reported a 51.76 percent year-on-year jump in net profit to 32.05 billion yuan (HK$34.38 billion) last year.
The year-on-year growth rates of mine-produced copper and mine-produced gold production were 6 percent and 8 percent, respectively.
China’s mine-produced copper output reached 1.64 million tonnes in 2024, with Zijin Mining representing approximately 65 percent of the total.
China’s mine-produced gold output amounted to 298.4 tonnes, of which Zijin Mining accounted for about 24 percent.
Sales from the copper business contributed 27.98 percent to total revenue, while the gold business accounted for 49.64 percent.
Source: The Standard
https://www.thestandard.com.hk/breaking ... rofit-jump
