Core Viewpoint - The company, China Nuclear International (02302.HK), anticipates a significant increase in revenue and profit for the first half of 2025, driven primarily by a substantial rise in uranium trading volume, particularly with independent third parties [1][2]. Group 1: Financial Performance - The expected revenue for the first half of 2025 is projected to be at least HKD 585 million, a substantial increase from approximately HKD 6.4 million in the same period of 2024 [1]. - The gross profit for the first half of 2025 is expected to reach at least HKD 13 million, compared to approximately HKD 6.4 million in the first half of 2024 [1]. - The company forecasts a turnaround from a net loss attributable to shareholders of approximately HKD 7.7 million in the first half of 2024 to a net profit of at least HKD 9.5 million in the first half of 2025 [1]. Group 2: Business Operations - The increase in revenue and profit is primarily attributed to a significant rise in uranium trading volumes, with most revenue coming from natural uranium trading with independent third parties [1]. - The stable spot uranium prices in the second half of 2024 and the first half of 2025 have allowed the company to expand its uranium trading operations while managing risks effectively [1]. Group 3: Other Financial Factors - The increase in net profit is also supported by an increase in bank interest income of at least HKD 3 million [2]. - The company will not recognize any share of profits from an associate company in the first half of 2025, which contributed approximately HKD 15.6 million in the first half of 2024, due to the sale of an equity interest in a subsidiary [2]. - Financial expenses are expected to decrease by at least HKD 13 million in the first half of 2025, as the company did not utilize any bank financing during this period [2].
中核国际(02302.HK)盈喜：预计半年度收入将大幅增加至不少于5.85亿港元