BRIEF: CMOC profit doubles on sales gains, better margins
Mining company CMOC Group Ltd. (3993.HK; 603993.SH) reported Monday that its revenue rose 15.5% in the third quarter to 51.94 billion yuan ($7.29 billion), while its adjusted net profit excluding nonrecurring…
FAST NEWS: CMOC’s profit surges on strong sales growth
The Latest: CMOC Group Ltd. (CMOC) (3993.HK; 603993.SH) on Friday estimated it would report an adjusted net profit, which excludes non-recurring gains and losses, of between 5.38 billion ($742 million)…
Driven by Nickel Battery Boom, Lygend Resources Powers up its IPO
The nickel products trader is about to go public in Hong Kong on the back of fast profit growth as it expands across the nickel supply chain Key Takeaways:Lygend Resources…
Cobalt Miner CMOC’s Profit Doubles on Heating Demand for EVs
Despite the healthy profit growth last year, company could face future difficulties as China vies with others for the strategically important mineral Key takeaways: CMOC’s profit and revenue rose 119%…
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