Workflow
中广核矿业发布中期业绩,股东应占亏损6757万港元 同比盈转亏

Core Viewpoint - China General Nuclear Power Corporation (CGN) Mining reported a significant decline in its interim results for the six months ending June 30, 2025, with a revenue of HKD 1.709 billion, representing a year-on-year decrease of 58.05% [1] Financial Performance - The company recorded a loss attributable to shareholders of HKD 67.57 million, compared to a profit of HKD 113 million in the same period last year [1] - Earnings per share were reported at a loss of HKD 0.89 [1] Reasons for Decline - The decline in profit is primarily attributed to substantial fluctuations in the international trade contract prices of natural uranium, coupled with the impact of inventory accounting using the weighted average cost method, leading to unit sales costs exceeding the unit sales prices during the period [1] - Additionally, the drop in natural uranium prices adversely affected the performance of an associated company and a joint venture, resulting in decreased contributions compared to the same period in 2024 [1]