MMG Limited has released a positive profit alert, indicating that the company expects to report a significant increase in net profit after tax attributable to equity holders for the first half of 2025. The projected profit is approximately US$340 million, a substantial rise from US$21 million recorded in the same period in 2024. This anticipated improvement is attributed to increased production and reduced unit production costs at the Las Bambas site, alongside higher prices for commodities such as copper, gold, and silver. While the financial results are yet to be finalized, this preliminary assessment suggests a strong performance for the company in H1 2025. Shareholders and potential investors are advised to exercise caution when trading shares of the company.
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