China Molybdenum Co ( (HK:3993) ) just unveiled an update.
In its annual results announcement for 2024, CMOC Group Limited reported record-high operating indicators, with a 14.37% increase in revenue and a 64.03% rise in net profit. The company achieved historic production volumes across its key products, including copper and cobalt, and maintained a strong ESG performance, securing an AA rating in MSCI ESG and inclusion in FTSE Russell’s Socially Responsible Indexes. CMOC also advanced its production capabilities with successful project completions and expansions in the DRC, including a new hydropower station project, reinforcing its strategic growth and sustainability efforts.
More about China Molybdenum Co
China Molybdenum Co, also known as CMOC Group Limited, is a leading company in the non-ferrous metals industry, focusing on the production of copper, cobalt, niobium, phosphate, tungsten, and molybdenum. The company is recognized for its significant production capacity and global market presence, ranking among the top ten copper producers worldwide.
YTD Price Performance: 16.62%
Average Trading Volume: 15,387
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $22.31B
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