CNNC International Logs 9% Rise in 2023 Profit

CNNC International (HKG:2302) recorded a 9.4% rise in attributable profit for the year ended Dec. 31, 2023, to HK$106.3 million from HK$80.8 million in 2022, a Friday filing on the Hong Kong bourse sa

MT NewswiresApr 19 20:12

中核國際：二零二三年年報

Futu NewsApr 19 17:46 · Announcements

Enjoying the high demand for nuclear power, the profitability of CNNC International (02302.HK) continues to increase

With the introduction of the “triple nuclear power” declaration, global nuclear power development gradually returned to a high level of prosperity in '23. Demand for uranium as a fuel for nuclear power picked up, and prices rose along the way. The overall recovery of the industry is certainly more investor-friendly, but how to seize opportunities with long-term logic is not easy. Companies that can maintain strong performance in the current external environment are more worthy of attention. Among them, CNNC International (02302.HK) achieved both gross and net profit growth in 2023, and the profit situation continued to improve, which may be able to meet the expectations of the market. Gross profit and net profit both increased, and profitability maintained

Gelonghui FinanceMar 29 09:09

CNNC International (02302.HK) Announces Annual Results: Profit Status Continues to Improve, and Both Gross Profit and Net Profit Grow

On the evening of March 25, CNNC International (02302.HK) announced its annual results. For the year ended December 31, 2023, the Group's profit situation continued to improve, with net profit of about HK$106 million, up 31.51% year on year, net profit of about 18.3%, up about 9.4% year on year; gross profit of HK$127 million, up 23.60% year on year, gross margin of about 21.9%, up 10.5% year on year. The basic profit per share was 21.7 HK cents. In 2023, the Group generated revenue of about HK$568 million from uranium trade, which is equivalent to sales of about 1.16 million pounds

Gelonghui FinanceMar 26 08:43

CNNC International (02302) announced its 2023 annual results, with net profit of HK$106 million, up 31.5% year on year

According to the Zhitong Finance App, CNNC International (02302) announced results for the year ended December 31, 2023, with revenue of HK$581 million, down 35.9% year on year; net profit of HK$106 million, up 31.5% year on year; basic profit per share of HK$21.7 million. The Group's profit situation continued to improve, achieving a year-on-year increase in net profit of about 18.3% (2022:8.9%), an increase of about 9.4% over 2022, mainly due to gross profit of approximately HK$127 million (2022: approximately HK$103 million) from natural uranium trading; and

Zhitong FinanceMar 25 22:53

中核國際：截至二零二三年十二月三十一日止年度之全年業績公佈

Futu NewsMar 25 22:43 · Announcements