Ge Long Hui A P P·2025-09-18 08:03Core Viewpoint - Luoyang Molybdenum achieved a net profit attributable to shareholders of approximately 8.671 billion yuan in the first half of the year, an increase of 3.3 billion yuan, representing a growth rate of 60.07%, setting a new historical high for the same period [1] Financial Performance - In Q2, the net profit attributable to shareholders reached 4.725 billion yuan, a year-on-year increase of 41.24% and a quarter-on-quarter increase of 19.75%, indicating a significant improvement in profitability [1] Business Segments - The copper and cobalt business in H1 2024 saw both volume and price increases, serving as the main growth driver for the company [1] - The acquisition of gold resources has strengthened the company's resource layout, with preliminary assessments suggesting potential for further resource reserve increases [1] Future Outlook - The project is planned to commence production in 2028, with an expected annual output of approximately 11.5 tons of gold [1] - The company maintains a "buy" rating based on its growth prospects and financial performance [1]