CTM(SH:600711)2024-07-09 09:25Financial Performance - The company expects to achieve a net profit attributable to shareholders of the parent company between 106,000.00 million and 126,000.00 million yuan for the first half of 2024, representing an increase of 546.13% to 668.04% compared to the same period last year[10]. - The projected net profit excluding non-recurring gains and losses is estimated to be between 118,750.00 million and 138,750.00 million yuan, an increase of 567.31% to 679.70% year-on-year[12]. - The company reported a net profit of 17,907.61 million yuan for the same period last year after retrospective adjustments, indicating a substantial growth trajectory[7]. Production and Sales - The copper production from the company's projects in the Democratic Republic of the Congo increased by 78.84% year-on-year, with a total copper output of approximately 80,100 tons[17]. - The production of mined copper reached approximately 27,700 tons, reflecting a significant year-on-year growth of 104.19%[17]. - The expected increase in net profit is also supported by a notable rise in the sales volume of its main products, particularly copper[8]. Operational Efficiency - The company attributes the expected performance increase to improved operational efficiency and cost control measures, leading to enhanced management practices[8]. - The company has seen a continuous rise in the market price of its main product, cathode copper, contributing to the overall performance improvement[17]. Forecast and Uncertainties - The preliminary profit forecast is based on the company's internal assessments and is subject to final confirmation in the official half-year report[19]. - The company emphasizes that there are no significant uncertainties affecting the accuracy of this performance forecast[15].