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China Mining International Ltd. ( (SG:BHD) ) has shared an update.
China Mining International Ltd. has issued a profit warning for the financial year ending December 31, 2024, anticipating an increased loss compared to the previous year. This is attributed to a fair valuation loss on its investment in a South African iron ore mine, the write-off of various assets, and a significant decrease in revenue. The company is finalizing its financial results, with further details to be disclosed by February 28, 2025. Stakeholders are advised to exercise caution when dealing with the company’s shares.
More about China Mining International Ltd.
China Mining International Ltd. is a company incorporated in the Cayman Islands, operating in the mining industry. The company, along with its subsidiaries, primarily focuses on mining-related activities, including investments in mining rights.
YTD Price Performance: -5.00%
Average Trading Volume: 2,085,290
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$15.5M
Find detailed analytics on BHD stock on TipRanks’ Stock Analysis page.