Huili Resources (Group) (HKG:1303) said it expects to report a drop in its profit for the first half of 2025, according to a Hong Kong bourse filing Friday.
Shares of the miner gained over 12% in recent Monday trade.
The company expects to post 15 million yuan to 20 million yuan in attributable profit for the six months ended June 30, a decrease from the 118 million yuan posted in the year-ago period.
Huili Resources' results are due by the end of August.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.