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<Research>M Stanley: ZIJIN MINING (02899.HK) 2025 Preliminary Results Largely in Line
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ZIJIN MINING (02899.HK)'s 2025 preliminary results were largely in line with expectations, Morgan Stanley published a research report saying. The Company announced 2025 preliminary net profit of RMB51-52 billion, up 59-62% YoY, compared to the broker's forecast of RMB52.4 billion. The implied profit for 4Q25 is RMB13.2-14.2 billion, lower than RMB14.6 billion for 3Q25, mainly due to higher year-end selling, general and administrative expenses. Therefore, the broker kept rating at Overweight for ZIJIN MINING, with a target price of $46.1. AASTOCKS Financial News Website: www.aastocks.com |
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