cmoc group limited Q3 net income increased by 64.12%, copper related business gross margin increased by 15.81% | Financial Report Insights

In the third quarter, the gross margin of copper mining and processing business increased by 15.81% year-on-year, while the gross margin of phosphate fertilizer business increased by 8.29% year-on-year. The net income of cmoc group limited was 2.856 billion yuan, a year-on-year increase of 64.12%, with a total revenue of 51.936 billion yuan, up 15.53% year-on-year.

wallstreetcnOct 28 19:57

Tungsten prices rise, raw material costs under pressure, China Tungsten and Hightech Materials increase revenue but not profit in the first three quarters | Interpretations

①Affected by factors such as the rise in tungsten prices and pressure on raw materials, china tungsten and hightech materials did not increase revenue but failed to increase profits in the first three quarters. ②After the injection of tungsten mine resources from Shizhuyuan Mine into the company this year, it will alleviate the pressure of insufficient raw materials to a certain extent.

cls.cnOct 25 23:17

It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.

①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.

cls.cnOct 18 13:13

The tungsten sector supports performance, xiamen tungsten's H1 revenue decreased and profit increased. Tungsten companies welcome a wave of price increases|interpretations

①Benefiting from the high tungsten price and despite a decrease in revenue, Xiamen Tungsten achieved increased profits in the first half of the year; ②After the tungsten price rebounded, tungsten enterprises followed suit and ushered in a wave of price increases.

cls.cnAug 22 22:49

Mid-day overview | All three major indices collectively rose by over 1%, with jd.com leading the network technology stocks with a rise of over 7%, while Alibaba rose by about 3% after its earnings announcement.

Most of the network technology stocks rose, JD.com rose more than 7%, Baidu rose more than 3%, Alibaba rose nearly 3%, Meituan rose more than 2%, and Tencent rose more than 1%.

Futu NewsAug 16 10:19

Chongyi Zhangyuan Tungsten's net income increased by nearly 30% in H1. The price of tungsten has been fluctuating. Interpretations of financial reports.

Due to the strong tungsten price in the first half of the year, Chongyi Zhangyuan Tungsten's net income in H1 increased by nearly 30% YoY. However, the overall downstream demand did not follow the high prosperity of the tungsten price. Analysts believe that the possibility of further upward exploration after the high reversal of domestic tungsten prices is still high.

cls.cnAug 5 22:58