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Western Mining (601168.SH) reported first-quarter results, net profit of 737 million yuan, up 8.39% year on year
Western Mining (601168.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 10.974 billion yuan, a year-on-year decrease of 5.18%; net profit attributable to shareholders of listed companies was 737 million yuan, an increase of 8.39%; net profit attributable to shareholders of listed companies deducted 715 million yuan from non-recurring profit and loss, an increase of 6.66% over the previous year; and basic earnings per share were 0.31 yuan/share.
Everbright Securities: The gap between copper supply and demand will gradually expand in 24-25, and continue to be optimistic about investment opportunities for copper industry companies
The Zhitong Finance App learned that Everbright Securities released a research report stating that domestic demand for home appliances was raised by 286,000 tons in 2024, and assuming a 4% growth rate of domestic air conditioning production in 2025 (the original forecast was 0%), the global refined copper supply-demand balance sheet was adjusted from 2/-140,000 tons in 2024/2025 to -39/- 640,000 tons. The gaps increased by 410,000 tons and 500,000 tons, respectively (and updated the 2023 annual report and 2024 production guidelines for some mines). The gaps account for about 1.4% and 2.2% of global demand. It is expected that the gap between copper supply and demand will gradually widen in 2024-2025,12
Great Western Mining Corp. Plc Olympic Gold Project Acquisition
Great Western Mining Corp. Plc Olympic Gold Project Acquisition
Southwest Securities released a research report on April 12 stating that it gave Western Mining (601168.SH) a buy rating. The main reasons for the rating include: 1) industry level: the gap between supply and demand is expanding, and copper prices are ris
Southwest Securities released a research report on April 12 stating that it gave Western Mining (601168.SH) a buy rating. The main reasons for the rating include: 1) industry level: the gap between supply and demand is expanding, and copper prices are rising in the long term; 2) corporate level: performance is slightly lower than expected, and falling lithium carbonate and zinc prices affect investment income; 3) Yulong Copper Mine has completed technical reform, and production capacity is progressing steadily. (Mainichi Keizai Shimbun)
Western Mining (601168.SH): As of April 10, the total number of shareholders of the company was 118,500
Gelonghui, April 11丨Western Mining (601168.SH) said on the investor interactive platform that as of April 10, the total number of shareholders of the company was 118,500.
Great Western Mining Kicks Off Geophysical Surveys at Nevada Sites
Great Western Mining (GWMO.L) started induced polarization and resistivity surveys at its West Huntoon copper porphyry and M5 gold-silver-copper exploration prospect in Nevada, US. The mining group co
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