Ge Long Hui·2025-12-30 11:14Core Viewpoint - Zijin Mining (02899.HK) expects a significant increase in net profit for the fiscal year 2025, projecting a net profit attributable to shareholders of approximately RMB 51-52 billion, representing a year-on-year increase of about RMB 18.9-19.9 billion, or 59%-62% [1] Financial Performance - The company anticipates a net profit excluding non-recurring items of approximately RMB 47.5-48.5 billion for 2025, which would be an increase of about RMB 15.8-16.8 billion compared to the previous year, reflecting a growth of 50%-53% [1] Production and Sales - The increase in performance is primarily attributed to a rise in the production of key mineral products, including approximately 90 tons of gold (up from 73 tons in 2024), about 1.09 million tons of copper (including Kamoa's equity production, up from 1.07 million tons in 2024), approximately 437 tons of silver (up from 436 tons in 2024), and around 25,000 tons of lithium carbonate equivalent (including production from Zangge Mining from December 2024, up from 261 tons in 2024) [1] - Additionally, the sales prices of gold, copper, and silver have increased year-on-year [1]