October 27th news, Goldman Sachs released a research report that Luoyang Molybdenum Industry (03993.HK) according to Chinese accounting standards, the third quarter net profit increased by 96% to 5.61 billion yuan, the first three quarters of recurring net profit of 14.10 billion yuan, better than expected, and is equivalent to the bank's annual forecast of about 75% and about 82% of market expectations. In response to the performance of the first three quarters and the bank's latest forecast fo...
On October 24th, Luoyang Molybdenum Industry announced that the third quarter revenue was 50.713 billion yuan, a year-on-year decrease of 2.36%; net profit was 5.608 billion yuan, an increase of 96.40%. The first three quarters revenue was 145.485 billion yuan, a year-on-year decrease of 5.99%; net profit was 14.28 billion yuan, an increase of 72.61%.
On October 24th, Luoyang Molybdenum Industry announced that on October 24th, 2025, the seventh meeting of the seventh board of directors of the company considered and approved the "Proposal on Investment and Construction of KFM Phase II Project in the Democratic Republic of the Congo", agreeing to invest in the construction of KFM Phase II Project within the scope of investment of not more than 1.084 billion US dollars in project construction. The board of directors authorizes the management to ...
Hong Kong non-ferrous metal stocks rose, Jiangxi Copper (00358.HK) rose more than 9%, Jinli Permanent Magnet (06680.HK), Luoyang Molybdenum (03993.HK) rose more than 6%, Zijin Mining (02899.HK) rose more than 5.5%.
Hong Kong non-ferrous metal stocks rose concussion, Jinli Permanent Magnet (06680.HK), Tianqi Lithium Industry (009696.HK) rose more than 6%, Lingbao Gold (03330.HK) rose more than 5%, Ganfeng Lithium Industry (01772.HK), Luoyang Molybdenum Industry (03993.HK) rose more than 4%, Zijin Mining (02899.HK) rose more than 3.5%.
Class A share gold stocks continued to fluctuate and strengthen, Sichuan gold rose more than 8%, Pengxin Resources rose more than 6%, Luoyang Molybdenum Industry, Western Gold, and Xiaocheng Technology rose one after another. On the news, spot gold continuously refreshed its high to $3470.
Class A share of industrial metal concept shock higher, Yiqiu Resources, Huayu Mining, Shengda Resources, Luoyang Molybdenum Industry, Zijin Mining and other top gains.
On July 12, Luoyang Molybdenum Industry announced that it is expected that the net profit attributable to shareholders of listed companies in the first half of 2024 will be 5.189 billion yuan to 5.735 billion yuan, an increase of 4.486 billion yuan to 5.032 billion yuan compared with the same period of the previous year, an increase of 638% -716%.
Hong Kong non-ferrous metals sharp correction, Luoyang molybdenum industry (03993.HK) fell more than 7%, Zijin mining (02899.HK) fell more than 5%, Shandong gold (01787.HK) fell nearly 5%, Zhaojin mining (01818.HK), Tianqi lithium industry (09696.HK), Ganfeng lithium industry (01772.HK) fell more than 3%.