CMOC(603993) 新浪财经·2025-03-24 09:08Core Viewpoint - Luoyang Molybdenum Co., Ltd. achieved record performance in 2024, with net profit attributable to shareholders reaching 13.532 billion yuan, marking a significant milestone in the company's history [1] Financial Performance - The company's operating revenue surpassed 200 billion yuan for the first time, reaching 213.029 billion yuan, a year-on-year increase of 14.37% [1] - Operating cash flow for 2024 was 32.387 billion yuan, up 108.38% year-on-year [1] - The asset-liability ratio decreased for the third consecutive year, down 8.88 percentage points to 49.52% [1] Production Capacity - Copper production reached 650,200 tons, placing the company among the top ten globally [1] - Other production figures for 2024 include cobalt at 114,200 tons, niobium at 10,024 tons, phosphate fertilizer at 1.18 million tons, tungsten at 8,288 tons, and molybdenum at 15,396 tons, maintaining a leading position in the industry [1] Global Operations - The company is advancing its global mining layout, particularly in the Democratic Republic of Congo, enhancing production capabilities [1] - The trading segment IXM achieved a net profit of 1.353 billion yuan, a 48% increase year-on-year, marking a historical high [1] Efficiency Improvements - The company has improved production efficiency through technological upgrades and management enhancements [1] - Specific projects, such as KFM, have seen significant increases in recovery rates and production volumes while reducing costs [1] ESG Commitment - Luoyang Molybdenum maintained an AA rating in MSCI ESG, ranking in the top 13 of the global non-ferrous metals industry [1] - The company reported that its copper product carbon emission density is lower than 70% of global mining companies, and it disclosed Scope 3 carbon emissions data for the first time [1] - The global economic contribution reached 191 billion yuan, with community investments totaling 29.2 million yuan [1] Strategic Outlook - The company is entering a new development phase, emphasizing organizational change and management upgrades [1] - The board highlighted that the achievements of 2024 are not only a milestone but also a starting point for further transformation and innovation [1] - Future strategies will focus on maintaining strategic determination and enhancing global resource integration capabilities [1]