Zhi Tong Cai Jing·2026-01-15 13:15Core Viewpoint - Luoyang Molybdenum (603993) (03993) expects a significant increase in net profit for the year 2025, driven by higher sales and prices of its main products, along with effective cost control [1] Financial Performance - The company anticipates a net profit attributable to shareholders of between RMB 20 billion and RMB 20.8 billion for 2025, representing an increase of RMB 6.468 billion to RMB 7.268 billion compared to the previous year, which is a year-on-year increase of 47.80% to 53.71% [1] - The expected net profit, excluding non-recurring gains and losses, is projected to be between RMB 20.4 billion and RMB 21.2 billion, reflecting an increase of RMB 7.281 billion to RMB 8.081 billion year-on-year, equating to a growth of 55.50% to 61.60% [1] Operational Drivers - The anticipated substantial year-on-year growth in the company's performance is attributed to the dual increase in both sales volume and prices of its main products, coupled with effective control of operating costs [1]