CGN MINING(HK:01164) 智通财经网·2025-08-20 11:12Core Viewpoint - China General Nuclear Power Corporation (CGN) Mining (01164) anticipates a loss of approximately HKD 40 million to HKD 90 million for the six months ending June 30, 2025, compared to a profit of about HKD 113 million in the same period of 2024 [1] Financial Performance - The expected loss is attributed to significant price fluctuations in the international trade contracts for natural uranium, alongside the weighted average cost accounting method for inventory [1] - The unit sales cost for natural uranium in the first half of 2025 is projected to be USD 68-74 per pound U3O8, while the unit sales price for delivered contracts is expected to be USD 58-61 per pound U3O8 [1] - The weighted average cost of inventory for CGN's international uranium sales company exceeds the selling price of contracts executed during the same period, leading to a decline in gross profit from uranium trading compared to 2024 [1] Operational Stability - Despite the fluctuations in profit, the company's mining production remains stable, and it employs a robust two-sided locking model for international trade, ensuring overall operational stability [1]