Back    Zoom +    Zoom -
CMOC (03993.HK) Leaps 3%+ as 2024 Earnings Expected to Surge at Least 55%
Recommend
4
Positive
14
Negative
0
CMOC (03993.HK) opened 2.95% higher today (23rd), peaking at $5.99. It last traded at $5.98, up 3.64%, on a volume of 16.8581 million shares, involving $99.8152 million.

CMOC issued a positive profit alert, forecasting last year's earnings to grow by 55.2-72.1% YoY to RMB12.8-14.2 billion, which is attributable to the significant increase in the output and sales of copper and cobalt products, the increase in the price of copper products, and the remarkable results in the company's measures to reduce costs and increase efficiency.

Related NewsM Stanley Lists HK-, A-Shrs with High Earnings Visibility (Table)

AAStocks Financial News