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Guangxi Huaxi Nonferrous Metal (600301.SH): actively promoting the injection of Hechi Wugi Limited Liability Company and Laibin Huaxi Smelting Co., Ltd. into the listed company.
Glory11th, guangxi huaxi nonferrous metal (600301.SH) stated at the performance briefing that, in accordance with the commitments made during the major assets restructuring in 2023, the company has now completed the acquisition of 100% equity of Fozzhi Company, and is actively promoting the injection of Hechi Wugai Co., Ltd. and Laibin Huaxi Smelting Co., Ltd. into the listed company.
Guangxi Huaxi Nonferrous Metal (600301): Equity funds drag down Q3 performance, tin and antimony continue to drive performance.
Investment Highlights Guangxi Huaxi Nonferrous Metal released the third quarterly report for 2024, with a net income attributable to shareholders of 0.192 billion yuan in Q3 24, up 88.46% year-on-year. The main reason is the change in mining rights for the copper pit mine, resulting in the payment of equity silver, impacting profit scale by 5457.9.
Guangxi Huaxi Nonferrous Metal (600301): The change in mining rights reduced the current profit, still bullish on the price increase of tin and antimony.
On October 30th, the company released its 2024 third quarter report, achieving a revenue of 3.415 billion yuan in the first three quarters of 2024, an increase of +73.71% year-on-year; net income attributable to the parent company was 0.54 billion yuan, an increase of +133.28% year-on-year. 3Q2
Huaxi Nonferrous: Report of Guangxi Huaxi Nonferrous Metals Co., Ltd. for the third quarter of 2024
Guangxi Huaxi Nonferrous Metals Co., Ltd. operating data announcement for the third quarter of 2024
Guangxi Huaxi Nonferrous Metals Co., Ltd. 2024 Third Quarter Report
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