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China Daye Reports Revenue Growth Amid Profit Decline in 2024

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China Daye Reports Revenue Growth Amid Profit Decline in 2024

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China Daye Non-Ferrous Metals Mining Limited ( (HK:0661) ) just unveiled an announcement.

China Daye Non-Ferrous Metals Mining Limited reported a significant increase in revenue for the year ended December 31, 2024, with a 29.18% rise to approximately RMB57.85 billion. However, the company’s gross profit decreased by 10.70%, and its overall profit for the year saw a substantial decline of 95.26%, attributed to increased administrative expenses and finance costs, impacting its financial performance despite the revenue growth.

More about China Daye Non-Ferrous Metals Mining Limited

China Daye Non-Ferrous Metals Mining Limited is a company incorporated in Bermuda, focusing on the mining and production of non-ferrous metals. The company operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 6.25%

Average Trading Volume: 4,983,155

Technical Sentiment Signal: Buy

Current Market Cap: HK$912.7M

See more insights into 0661 stock on TipRanks’ Stock Analysis page.

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