Changes in Hong Kong stocks | Southern Manganese (01091) rose more than 24% in the afternoon. The suspension of Australian manganese operations is expected to reduce global manganese supply by more than 10% in 2024
Southern Manganese (01091) rose by more than 24% in the afternoon, with a cumulative increase of more than 80% during the month. As of press release, it rose 21.62% to HK$0.45, with a turnover of HK$11.344 million.
南方錳業:二零二三年年度報告
Hong Kong Stock Concept Tracking | Leading Australian manganese ore companies suspended export sales and terminal operations for a year, leading companies benefited from a sharp rise in manganese prices (with concept stocks)
Manganese ore prices continued to rise last week (April 15-19). On April 19, the CIF price of the Fastmarkets' weekly high-grade manganese ore index in Tianjin was 4.86 US dollars/tonne, up 1.25% from 4.80 US dollars/dry tonne on April 12, and 13.29% higher than 4.29 US dollars/tonne on the 4th. According to sources, port spot prices for high-grade manganese ore also rose sharply after South32 announced the news, while traders and smelters had mixed feelings. South32 announced in its quarterly report on Sunday April 21 that it is located at the Australian University
Changes in Hong Kong stocks | Southern Manganese (01091.HK) rose nearly 25% in the morning, and the manganese ore market showed significant gains, South32 previously announced that manganese ore shipments had encountered force majeure
Southern Manganese (01091.HK) rose nearly 25% in the morning. As of press release, it rose 24.07% to HK$0.335, with a turnover of HK$11.2093 million.
Southern Manganese (01091.HK)'s 2023 revenue of HK$17.134 billion increased 6.9% year-on-year
On March 19, Gelonghui (01091.HK) announced that in 2023, the company's revenue was HK$17,134.0 million, up 6.9% year on year. Gross margin was 5.5%, down 3.1 percentage points from 8.6% in 2022. Profit attributable to company owners was HK$64.1 million (2022: HK$336.1 million).
SOUTH MANGANESE: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
The battery material metal has fallen by more than 60% Goldman Sachs expects that the current price has not bottomed out
Financial Services Association, March 5 (Editor: Zhao Hao) Goldman Sachs Group, the top international investment bank, believes that it is still too early to assert that “the sharp decline in the price of battery metal raw materials is over,” and warns that huge supply and headwinds in the Western electric vehicle industry will keep their prices low for a longer period of time.
Southern Manganese Industry (01091) expects net profit to be around HK$54 million to HK$65 million in 2023, a year-on-year decrease of 80.7% to 83.9%
According to the Zhitong Finance App, Southern Manganese (01091) announced that it is estimated that the group's profit attributable to the company's owners in 2023 will be approximately HK$54 million to HK$65 million, a year-on-year decrease of 80.7% to 83.9%. According to the announcement, the main reasons for the reduction in profit are as follows: the average sales price of the Group's two main products, namely electrolytic manganese and alloy products, fell compared to 2022 due to the return to normal production after the epidemic, an increase in supply and a decline in overall market demand; in 2023, lithium manganate experienced a gross loss due to a sharp drop in prices
SOUTH MANGANESE: (1) DATE OF BOARD MEETING; AND (2) PROFIT WARNING
Changes in Hong Kong stocks | Southern Manganese (01091) rebounded more than 9%, institutions say non-ferrous commodities will enter another round of “resonance upward”
Southern Manganese (01091) rebounded more than 9%. As of press release, it rose 9.62% to HK$0.28, with a turnover of HK$2.32 million.
Changes in Hong Kong stocks | Southern Manganese (01091) rebounded more than 14% in the afternoon before plummeting 60% on the day trading resumed on February 5
Southern Manganese (01091) rebounded by more than 14% in the afternoon. As of press release, it rose 14.54% to HK$0.26, with a turnover of HK$3.22 million.
Changes in Hong Kong stocks | Southern Manganese (01091) rose more than 14% at the end of the session and recently plummeted after resuming trading, before being suspended for nearly a year due to allegations of abnormal business
Southern Manganese (01091) rose more than 14% at the end of the session. As of press release, it rose 13.87% to HK$0.197, with a turnover of HK$5.5329 million.
Did Southern Manganese (01091) make up for the decline after resuming trading and the “four percent off” fundamentals of disappearing fundamentals?
After almost a year of absence, Nanfang Manganese (01091), the largest manufacturer of electrolytic manganese dioxide in China, finally returned to the capital market after the “first day” of the lunar calendar. However, it was not “sunshine shining brightly” that greeted the Southern Manganese Industry on the first day of the resumption of trading, but rather cold “ice and rain.” The Zhitong Finance App noticed that on February 5, the first day that Nanfang Manganese officially resumed trading after being suspended on March 30, 2023, Nanfang Manganese's stock price opened low and went low. At one point, the intraday decline was more than 63%. By the close of the day, Southern Manganese reported HK$0.196, a decrease of 60.4%. The next day, the Southern Manganese Industry continued to open low and move low, closing down
Changes in Hong Kong stocks | Southern Manganese (01091) resumed trading and plummeted 50%. Profit attributable to shareholders fell by more than 60% year on year in the first half of last year
The Zhitong Finance App learned that trading of Southern Manganese (01091) was suspended on March 30, 2023, and resumed trading plummeted 50% today. As of press release, it fell 49.49% to HK$0.25, with a turnover of HK$4.702 million. According to the news, Nanfang Manganese issued its 2022 and 2023 interim results on November 29. The report shows that the company's revenue in 2022 was approximately HK$16.032 billion, up 24.9% year on year. Profit attributable to company owners was HK$336 million, a decrease of 26% over the previous year. In the first half of 2023, the company achieved revenue of 7.733 billion
Southern Manganese (01091): All conditions set out in the resumption guidelines have been met to resume trading on February 5
Southern Manganese (01091) announced that the company's shares will resume trading at 9:00 a.m. on February 5, 2024...
South Manganese Seeks HKEX Nod for Trading Resumption
South Manganese Investment (HKG:1091) has submitted an application to the Hong Kong bourse requesting a resumption of trading of its shares from Feb. 5, 2024, given that the firm has met the HKEX's re
Southern Manganese (01091.HK) reached the resumption guidelines to resume trading on the 5th
Gelonghui, Feb. 2: Southern Manganese (01091.HK) announced that the company has met all the conditions set out in the guidelines for resuming trading. The company has applied to the Stock Exchange to resume share trading at 9:00 a.m. on February 5, 2024.
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
CITIC Securities: Multivariate improvements continue to improve, and the global energy storage industry is expected to nurture vitality in 2024
Multiple variables continue to improve, and the development of the energy storage industry is also nurturing vitality.
The supply of tungsten ore is becoming tight, production capacity is concentrated, and the “replacement” process of hard alloy tools is expected to accelerate|Year-end inventory
Financial News Agency, December 23 (Reporter Liang Xiangcai) The price of tungsten has finally taken a small step. The increasingly tight mine end has broken through the 122,000 yuan/ton mark that had not been conquered for a long time.
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