SEHK:1164Oil and Gas
CGN Mining (SEHK:1164) Is Up 7.6% After Profit Rose Despite Lower Revenue Has The Bull Case Changed?
CGN Mining Company Limited reported full-year 2025 results on March 26, 2026, with sales of HK$6,869.87 million versus HK$8,624.27 million a year earlier and net income of HK$452.76 million compared with HK$341.98 million.
Despite lower revenue, the company increased net profit and lifted basic earnings per share to HK$0.0596 from HK$0.045, following earlier management guidance of higher annual profit.
We’ll examine how CGN Mining’s higher net income despite weaker sales shapes its...