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China Vanadium Titano-Magnetite Mining Co., Ltd. ( (HK:0893) ) has shared an announcement.
China Vanadium Titano-Magnetite Mining Co., Ltd. announced a profit guidance indicating an expected net profit of up to RMB1.5 million for the first half of 2025, a significant improvement from a net loss of RMB0.2 million in the same period of 2024. This positive shift is attributed to increased other income, reduced expenses, and lower finance costs, despite challenges such as higher environmental compliance costs and reduced production volumes due to ongoing upgrades and expansion of their High-Fe Mining Operations.
More about China Vanadium Titano-Magnetite Mining Co., Ltd.
China Vanadium Titano-Magnetite Mining Co., Ltd. is a company incorporated in the Cayman Islands, primarily engaged in mining operations. The company focuses on vanadium, titanium, and magnetite mining, with a significant emphasis on facilities management services within its industry.
YTD Price Performance: 67.31%
Average Trading Volume: 3,633,666
Technical Sentiment Signal: Buy
Current Market Cap: HK$195.7M
For a thorough assessment of 0893 stock, go to TipRanks’ Stock Analysis page.