China Daye Non-Ferrous Metals Mining Limited (HK:0661) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
China Daye Non-Ferrous Metals Mining Limited anticipates a substantial increase in net profit for the first half of 2024, with revenues soaring by approximately 55.07% compared to the previous year, despite a slight decline in profit margins. The growth is attributed to the resumption of production at its smelting plant and self-owned mines. Shareholders and potential investors are advised to exercise caution as these are preliminary results based on unaudited accounts.
For further insights into HK:0661 stock, check out TipRanks’ Stock Analysis page.