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<Research>Citi: ZIJIN MINING (02899.HK) 2024 Profit Little Shy of Estimate
Recommend 2 Positive 7 Negative 3 |
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Citi issued a report, covering ZIJIN MINING (02899.HK), which unveiled its preliminary results for 2024, with net profit spiking 51.5% YoY to RMB32 billion, a little shy of the broker's estimate. The recurring net profit swelled 45.3% YoY to RMB31.4 billion, implying a 54% YoY surge in net profit to RMB7.64 billion in 4Q24, but down 18% QoQ. The broker maintained a Buy rating on ZIJIN MINING, with a target price of $21.9. AAStocks Financial News |
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