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Guangsheng Nonferrous Forecasts First-Half Net Profit of RMB 70-85 Million, Achieving Year-on-Year Turnaround from Loss to Profit
3 week ago /
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Author：小编
Guangsheng Nonferrous anticipates its net profit for the first half of 2025 to fall within the range of RMB 70 million to RMB 85 million, marking a significant year-on-year turnaround from a loss to a profit. This improvement in performance is largely due to the overall surge in rare earth market prices, which the company capitalized on by expanding its production scale and boosting production and sales volumes. Furthermore, the rise in copper and sulfur prices has fueled the profits of its equity participation enterprise, Dabaoshan Company, contributing to the growth of Guangsheng Nonferrous' investment income.
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