Hainan Mining(SH:601969)2024-04-17 09:11Financial Performance - Expected net profit attributable to parent company owners for Q1 2024 is between 223 million RMB to 266 million RMB, an increase of 61.49 million RMB to 104.49 million RMB, up 38.07% to 64.70% year-over-year[1][11] - Expected net profit attributable to parent company owners excluding non-recurring gains and losses for Q1 2024 is between 204 million RMB to 244 million RMB, an increase of 52.88 million RMB to 92.88 million RMB, up 34.99% to 61.46% year-over-year[2][11] - Net profit attributable to parent company owners for Q1 2023 was 161.51 million RMB, and net profit excluding non-recurring gains and losses was 151.12 million RMB[3] - Earnings per share for Q1 2023 was 0.08 RMB[4] Factors Contributing to Profit Increase - The increase in net profit is attributed to the company's focus on core business, improved management, stable production, optimized pricing mechanisms, and higher iron ore settlement prices in Q1 2024 compared to the same period last year[5] Financial Data Disclosure - The forecasted financial data is preliminary and unaudited, with the final accurate financial data to be disclosed in the official Q1 2024 report[7]