China Daye Non-Ferrous Metals expects FY2025 profit to fall 44.04% to RMB 5.37 million

Reuters
Mar 20
China Daye Non-Ferrous Metals expects FY2025 profit to fall 44.04% to RMB 5.37 million
  • China Daye Non-Ferrous Metals Mining expects a substantial profit decline based on a preliminary assessment of unaudited management accounts.
  • Revenue is expected to be RMB66.05 billion, up 14.17% from RMB57.85 billion.
  • Profit is forecast at RMB5,370,000, down 44.04% from RMB9,596,000.
  • The outlook is attributed to sharply lower smelting processing charges in 2025 amid accelerated smelting capacity releases and tight copper concentrate supply.


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