SHA:601061

2 stories mentioning SHA:601061Updated 27d ago

Every FINWIRES story that references SHA:601061, newest first.

CITIC Metal's H1 Profit to Jump Up to 90%

CITIC Metal (SHA:601061) expects its net profit attributable to owners in the first half to jump by between 73% and 90% year on year to a range of 2.50 billion yuan and 2.75 billion yuan, according to a Shanghai bourse filing on Wednesday.The attributable profit a year earlier was 1.45 billion yuan, or 0.30 yuan per share.The forecast was attributed to the increase in commodity prices and growth in the company's share of profits from its investment projects, such as the Las Bambas mining project.The Chinese iron ore company's shares rose 2% at the close.

SHA:601061

Asia112d ago

CITIC Metal's Q1 Profit Soars 141%, Revenue Jumps 53%; Shares Up 10%

CITIC Metal's (SHA:601061) net profit attributable to shareholders in the first quarter soared 141% year on year to 1.38 billion yuan, or 0.28 yuan per share, according to a Shanghai bourse filing on Wednesday.Operating revenue jumped 53% to 43.2 billion yuan from 28.2 billion yuan in the previous year.The Chinese iron ore company's shares surged 10% in the morning trade.

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