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The latest update is out from CNNC International Limited ( (HK:2302) ).
CNNC International Limited has issued a positive profit alert, indicating that unaudited 2025 revenue is expected to rise to at least HK$2.46 billion, up from HK$1.84 billion in 2024, with gross profit improving to no less than HK$260 million. The company attributes this growth mainly to higher uranium trading volumes, supported by stable spot uranium prices and fulfillment of carried-over demand from its parent group.
Net profit attributable to shareholders from continuing uranium trading operations in 2025 is expected to reach at least HK$190 million, compared with an underlying HK$140 million from core uranium trading in 2024 once one-off gains and associate contributions are excluded. This anticipated HK$50 million uplift in core profit underscores robust expansion of CNNC International’s main business, though investors are cautioned that the figures are preliminary and subject to final audit.
The most recent analyst rating on (HK:2302) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on CNNC International Limited stock, see the HK:2302 Stock Forecast page.
More about CNNC International Limited
CNNC International Limited is a Hong Kong-listed company incorporated in the Cayman Islands that focuses on uranium trading. The group conducts transactions with independent third parties and within its wider corporate group, positioning itself within the global nuclear fuel supply chain and benefitting from stable spot uranium prices.
YTD Price Performance: 23.11%
Average Trading Volume: 1,740,781
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.87B
Learn more about 2302 stock on TipRanks’ Stock Analysis page.