China Silver Forecasts Surge in 2025 Profit

MT Newswires Live
Mar 18

Non-ferrous metals manufacturer China Silver Group (HKG:0815) expects an attributable profit of between 570 million yuan and 600 million yuan for the year 2025, up from 10 million yuan a year prior, according to a Wednesday Hong Kong bourse filing.

The firm attributed the forecast to a higher net profit margin from its manufacturing segment, a rise in revenue from a new jewelry retail segment operated by former unit Mount Everest Gold Group (HKG:1815), and a gain from the disposal of Mount Everest Gold and a fresh food retail segment it operated.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10