Ge Long Hui A P P·2025-12-30 12:24Core Viewpoint - Zijin Mining (601899.SH) 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 59%-62% [1] Financial Performance - The company anticipates a net profit attributable to shareholders, excluding non-recurring gains and losses, of approximately RMB 47.5-48.5 billion, which is an increase of about 50%-53% compared to the previous year [1] - The expected increase in net profit amounts to approximately RMB 189-199 million compared to the previous year [1] - The anticipated increase in net profit excluding non-recurring items is about RMB 158-168 million year-on-year [1] Production and Sales - The production of key mineral products is expected to increase year-on-year, with gold production estimated at approximately 90 tons (up from 73 tons in 2024) [1] - Copper production, including the Kamoa equity output, is projected to be around 1.09 million tons (compared to 1.07 million tons in 2024) [1] - Silver production is expected to be approximately 437 tons, slightly up from 436 tons in 2024 [1] - Lithium carbonate equivalent production, including the output from Zangge Mining from December 2024, is projected at about 25,000 tons (up from 261 tons in 2024) [1] Price Trends - The sales prices for gold, copper, and silver are expected to rise year-on-year [1]