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CITIC Resources Holdings ( (HK:1205) ) has shared an announcement.
CITIC Resources Holdings Limited has issued a profit warning, indicating a significant decrease in expected profits for the first half of 2025. The anticipated drop, ranging from 48% to 66%, is attributed to lower commodity prices and the cessation of equity interest in Alumina Limited. Stakeholders are advised to exercise caution, as the final results are yet to be audited and will be released by the end of August 2025.
More about CITIC Resources Holdings
CITIC Resources Holdings Limited operates in the commodities industry, focusing on the production and sale of resources such as crude oil and coal. The company has a market focus on resource extraction and distribution, with previous interests in companies like Alumina Limited.
Average Trading Volume: 6,471,388
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.34B
See more data about 1205 stock on TipRanks’ Stock Analysis page.