China Vanadium Titano-Magnetite Mining Co., Ltd. (HK:0893) has released an update.
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China Vanadium Titano-Magnetite Mining Co., Ltd. reported a slight revenue increase to RMB289.4 million in the first half of 2024, yet experienced a shift from a net profit of RMB6.1 million in 1H2023 to a net loss of RMB0.2 million in 1H2024. The loss per share reached RMB0.01 cents, compared to a profit of RMB0.27 cents per share in the previous year, and the company will not be issuing an interim dividend for this period.
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