000878 Yunnan Copper
- 14.28
- +0.34+2.44%
Yunnan Copper News
Yunnan Copper (000878.SZ): Currently, production conditions in Liangshan Mining and Peru's copper industry are normal
Gelonghui, May 20 | Yunnan Copper (000878.SZ) said during an on-site visit that currently, production conditions in Liangshan Mining and Peru's copper industry are normal. It further stated that sulfuric acid is a by-product of the company's copper smelting production process. Costs generally do not fluctuate greatly, and sales prices are affected by various factors such as downstream market demand, supply, region, and seasonality. In the first quarter of 2024, the company's average sales price increased by about 45% year on year. Sulfuric acid sales declined year on year due to the suspension of production in Southwest Copper. By seizing market opportunities, the company made up for the impact of the decline in production and achieved a positive contribution to performance.
Changes in Hong Kong stocks 丨 Copper prices peaked, Jinchuan International hit a new high in nearly 2 years, and Jiangxi copper and mineral resources hit a 3-year high
Continuing the upward trend, copper prices on the London Metal Exchange (LME) once again surged 4% to $11,104 in the intraday session today, reaching another record high. Concept stocks related to the Hong Kong stock market rose collectively.
Yunnan Copper (000878.SZ): 2023 equity distribution 10 distribution 3 yuan share registration date May 22
On May 14, Ge Longhui (000878.SZ) announced that the company's 2023 equity distribution plan is to distribute RMB 3.00 in cash (tax included) to all shareholders for every 10 shares based on the company's current total share capital of 2,003,628,310 shares. The share registration date for this equity distribution is May 22, 2024; the exclusive dividend date is May 23, 2024.
Yunnan Copper (000878.SZ): China Alcoa Group increased its A-share holdings by a total of 1.08 million shares
Yunnan Copper (000878.SZ) issued an announcement. As of the disclosure date of this announcement, the implementation period for this plan to increase holdings has passed...
Yunnan Copper (000878): Q1 net profit to mother is in line with expectations
Core view: Affected by the low base, net profit to mother increased 638% in 24Q1, in line with expectations. According to the company's financial report, 24Q1 achieved operating income of 31.5 billion yuan, +5% year-on-year, -13% month-on-month, and 4.5 net profit to mother
Minsheng Securities released a research report on April 27 stating that it gave Yunnan Copper (000878.SZ) a recommended rating. The main reasons for the rating include: 1) 2024Q1, the company's gross margin was 3.87%, down 0.77pct from the previous year,
Minsheng Securities released a research report on April 27 stating that it gave Yunnan Copper (000878.SZ) a recommended rating. The main reasons for the rating include: 1) 2024Q1, the company's gross margin was 3.87%, down 0.77pct from the previous year, down 0.19pct from the previous year; 2) Diqing Nonferrous Co., Ltd. increased its shareholding, and the amount of resources held by copper was further increased; 3) Relying on the majority shareholder, China Aluminum Group, and resource integration can be expected in the future. (Mainichi Keizai Shimbun)
Yunnan Copper (000878): Steady release of Q1 performance, looking forward to the relocation and commissioning of Southwest Copper
Event: The company released its 2024 quarterly report. 2024Q1 achieved revenue of 31.54 billion yuan, a year-on-year increase of 4.9%, a year-on-month decrease of 13.4%, and net profit to mother of 451 million yuan, a decrease of 5.6% year-on-year.
Express News | Yunnan Copper: Net profit of 451 million yuan in the first quarter decreased 5.64% year-on-year
Yunnan Copper Industry Chairman Resigns, Successor Named
Yunnan Copper Industry (SHE:000878) said its chairman, Gao Guichao, resigned due to job adjustment, according to a Friday filing on the Shenzhen bourse. Kong Desong was named as the new chairman by th
Yunnan Copper (000878.SZ): Plans to produce 10 tons of gold and 460 tons of silver in 2024
Gelonghui, April 11 | Yunnan Copper (000878.SZ) said on the investor interactive platform that the company's current mining resources are mainly copper mines, and gold and silver are metals associated with copper mines. In 2024, it is planned to produce 10 tons of gold and 460 tons of silver. A small portion of the gold and silver is associated with the company's own copper mines, and the rest comes from copper concentrates purchased by the company from domestic and foreign markets.
Yunnan copper industry: The rise in the prices of copper, gold and silver has a positive impact on the company's performance; however, the company's own mines and self-produced mines contain relatively little gold and silver, and the impact on the company
Yunnan copper industry: The rise in the prices of copper, gold and silver has a positive impact on the company's performance; however, the company's own mines and self-produced mines contain relatively little gold and silver, and the impact on the company's overall performance growth is limited.
Yunnan Copper (000878.SZ): Added 97,200 tons of copper resource metals above the inference level
Gelonghui, April 10 | Yunnan Copper (000878.SZ) said on the investor interactive platform that in 2023, the company will actively expand the development of its own mines, carry out a number of mineral exploration activities, search and prospecting work at the deep edge of the mine, and add 97,200 tons of copper resources above the inference level, achieving an annual increase in reserves greater than consumption. At the same time, on the basis of managing existing copper mines, the company actively pays attention to high-quality copper resource projects.
Yunnan Copper (000878.SZ): By the end of 2023, the company had 978 million tons of copper ore
Gelonghui, April 8 | Yunnan Copper (000878.SZ) said on the investor interactive platform that the company's mining resources are mainly copper mines, and the associated metals mainly include gold, silver, iron, etc. By the end of 2023, the company had 978 million tons of copper ore and 3.6622 million tons of copper resources. In 2023, the company's own copper concentrate containing copper was 63,700 tons according to the consolidated statement, up 1.76% year on year; 65,500 tons according to equity, up 1.09% year on year.
Yunnan Copper (000878): Reduced prices of sulfuric acid are dragging down performance, and the injection of high-quality assets by major shareholders can be expected
The company's net profit to mother fell 12.7% year over year in 2023. In 2023, achieved revenue of 147 billion yuan (+8.9%), net profit attributable to mother of 15.8 yuan (-12.7%), net profit of non-return to mother of 1.54 billion yuan
Yunnan Copper (000878.SZ): In 2024, it plans to produce 67,200 tons of copper-containing copper and 1.05 million tons of electrolytic copper
Gelonghui, April 2 | Yunnan Copper (000878.SZ) disclosed the investor relations activity records, in 2024, the company's main product production plan is: it plans to produce 67,200 tons of copper from the copper concentrate, 1.05 million tons of electrolytic copper, 10.9 tons of gold, 417 tons of silver, and 4.762 million tons of sulfuric acid.
Yunnan Copper (000878.SZ): Currently, Peru's copper production situation is normal
Gelonghui, April 2, 丨 Yunnan Copper (000878.SZ) disclosed an investor relations activity record sheet showing that in June 2023, the company signed an equity custody agreement with China Copper, and China Copper entrusted the management of 100% of its shares held by China Mining International to the company to facilitate the resolution of competition between China Mining International and the company. Currently, Peru's copper industry is producing normally.
Yunnan Copper (000878.SZ): The Southwest Copper relocation project progressed in an orderly manner according to the plan. The planned electrolysis system was completed and put into operation in May
Gelonghui, April 2 | Yunnan Copper (000878.SZ) disclosed a record sheet of investor relations activities, showing that up to now, the Southwest Copper relocation project has progressed in an orderly manner according to the plan. The main electrolysis plant was capped as scheduled. The goal of the smelting area with installation conditions was achieved ahead of schedule, and the melting furnace and blowing furnace foundations have already begun to be installed. It is planned that the electrolysis system will be completed and put into operation in May 2024, and the fire system will be put into operation in August.
Yunnan Copper (000878.SZ): The gross margin of sulfuric acid in 2023 was -6.06%, down -67.56% from the same period last year
Gelonghui, April 2 | Yunnan Copper (000878.SZ) disclosed a record sheet of investor relations activities, showing that sulfuric acid is a by-product of the company's copper smelting production process. Production costs have not fluctuated greatly, and sales prices are market-based. The company's sales price of sulfuric acid in 2023 dropped significantly compared to 2022. As can be seen from the annual report data disclosed by the company, the gross margin of sulfuric acid in 2023 was -6.06%, a decrease of -67.56% over the same period last year.
Earnings Miss: Yunnan Copper Co.,Ltd Missed EPS By 23% And Analysts Are Revising Their Forecasts
Investors in Yunnan Copper Co.,Ltd (SZSE:000878) had a good week, as its shares rose 2.5% to close at CN¥13.30 following the release of its annual results. Results overall were not great, with e
Yunnan Copper's 2023 Profit Slips 13%, Operating Income Up 9%
Yunnan Copper (SHE:000878) booked a profit attributable to shareholders of 1.58 billion yuan in 2023, down 12.7% from the year-ago profit of 1.81 billion yuan, according to the company's annual report
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