Zijin Mining(601899)2025-01-21 10:10Financial Performance - The company expects a net profit attributable to shareholders of approximately RMB 32 billion for 2024, an increase of about RMB 10.881 billion or 51.5% compared to the previous year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be around RMB 31.4 billion, an increase of approximately RMB 9.783 billion or 45.3% year-on-year[4]. - The previous year's net profit attributable to shareholders was RMB 21.119 billion, with a net profit of RMB 21.617 billion after deducting non-recurring gains and losses[6]. - The earnings per share for 2023 was RMB 0.8[7]. - The company has not identified any significant uncertainties that could affect the accuracy of the earnings forecast[10]. - The earnings forecast has not been audited by an accounting firm[5]. Production and Operations - The company produced 1.07 million tons of copper in 2024, up from 1.01 million tons in 2023; gold production increased to 73 tons from 68 tons; zinc and lead production decreased to 450,000 tons from 470,000 tons; silver production rose to 436 tons from 412 tons[8]. - The company plans to produce 1.15 million tons of copper, 85 tons of gold, 440,000 tons of zinc and lead, 40,000 tons of lithium carbonate equivalent, 450 tons of silver, and 10,000 tons of molybdenum in 2025[9]. - The increase in production and profitability is attributed to rising prices of metal products and improved operational capabilities of overseas subsidiaries[8]. - The company emphasizes that the 2025 production targets are indicative and subject to change based on market conditions[10].