CGN Mining's 2024 Profit Slides Despite Higher Revenue

MT Newswires Live

2025/03/21

CGN Mining's (HKG:1164) attributable profit fell to HK$342.0 million in 2024 from HK$497.1 million in 2023, according to a Thursday filing with the Hong Kong bourse.

Earnings per share at the natural uranium trader decreased to HK$0.0450 from HK$0.0654 in the previous year. Analysts at Visible Alpha estimated EPS at HK$0.06.

Revenue grew to HK$8.62 billion from HK$7.36 billion a year earlier.

The company declared a final dividend of HK$0.007 per share, payable July 30 to shareholders on record as of June 30.

Shares rose over 1% during Friday's morning trading.

Price (HKD): $1.56, Change: $+0.020, Percent Change: +1.30%

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