NewsFlash / Minor Metals / CMOC Reports 90.47% YoY Increase in Q1 Net Profit, Driven by Higher Selling Prices of Copper and Cobalt Products
CMOC Reports 90.47% YoY Increase in Q1 Net Profit, Driven by Higher Selling Prices of Copper and Cobalt Products
iconApr 25, 2025 18:05
Source:SMM
CMOC: Copper and Cobalt Products Selling Prices Up YoY, Q1 Net Profit Up 90.47% YoY. CMOC (603993) disclosed its Q1 report on the evening of April 25, achieving revenue of 46.006 billion yuan, down 0.25% YoY, and net profit of 3.946 billion yuan, up 90.47% YoY. CMOC announced that the selling prices of its copper and cobalt products increased YoY, while overall costs decreased YoY, resulting in a YoY rise in profit.

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