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An update from Jiangxi Copper Company ( (HK:0358) ) is now available.
Jiangxi Copper Company Limited announced a provision for impairment on assets totaling RMB943.24 million for the first half of 2025. This decision, approved by the board, reflects the company’s adherence to accounting standards, ensuring an accurate representation of its financial position. The impairment includes write-downs on inventories, fixed assets, and other non-current assets. The company continues to implement a stable business policy, utilizing hedging strategies to mitigate risks associated with fluctuating metal prices, particularly copper, thereby safeguarding its operational efficiency.
The most recent analyst rating on (HK:0358) stock is a Buy with a HK$19.00 price target. To see the full list of analyst forecasts on Jiangxi Copper Company stock, see the HK:0358 Stock Forecast page.
More about Jiangxi Copper Company
Jiangxi Copper Company Limited is a prominent entity in the mining industry, primarily engaged in the production and sale of copper products. The company focuses on the exploration, mining, and processing of copper and other metal products, maintaining a significant presence in the global copper market.
Average Trading Volume: 16,754,296
Technical Sentiment Signal: Buy
Current Market Cap: HK$89.81B
Find detailed analytics on 0358 stock on TipRanks’ Stock Analysis page.