Earnings GrowthThe new pricing mechanism for the off-take agreement with the parent company starting from 2026E will boost strong earnings growth.
Market OpportunitiesThe Trump Administration's plan to boost nuclear power installed capacity is seen as a potential catalyst to drive both the uranium price and the share price of CGN Mining.
Profit GrowthExcluding non-operational items, pretax profit from continuing operations in 2024 is expected to increase by HK$230-280mn YoY, indicating pretax profit growth of 41-50% YoY.