CGN Mining Returns to Clean Profit Base Despite Revenue Decline

CGN Mining Co ( (HK:1164) ) has issued an update.

CGN Mining Co reported audited consolidated results for the year ended 31 December 2025, showing revenue from continuing operations of HK$6.87 billion, down from HK$8.62 billion a year earlier. Despite the revenue decline, the group swung from a gross loss to a modest gross profit and recorded a profit for the year of HK$452.8 million, fully attributable to continuing operations.

The company benefited from strong contributions from its joint venture and associate, which helped offset lower revenue and higher finance costs. Earnings per share from continuing and discontinued operations rose to HK5.96 cents from HK4.50 cents in 2024, reflecting the absence of losses from discontinued operations and suggesting a cleaner earnings base that may improve visibility and confidence for shareholders.

The most recent analyst rating on (HK:1164) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on CGN Mining Co stock, see the HK:1164 Stock Forecast page.

More about CGN Mining Co

CGN Mining Co is a Hong Kong-listed resources company incorporated in the Cayman Islands, operating through mining-related investments and associated businesses. The group generates revenue primarily from continuing operations in the energy and mining sector, with earnings supplemented by its interests in a joint venture and an associate, which are significant contributors to its overall profitability.

Average Trading Volume: 68,232,206

Technical Sentiment Signal: Buy

Current Market Cap: HK$30.1B

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