Wanguo International Mining Group Full Year 2023 Earnings: EPS: CN¥0.41 (vs CN¥0.22 in FY 2022)

Wanguo International Mining Group (HKG:3939) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥1.32b (up 93% from FY 2022).
• Net income: CN¥335.4m (up 86% from FY 2022).
• Profit margin: 26% (down from 27% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: CN¥0.41 (up from CN¥0.22 in FY 2022).

3939 Production and Reserves

Gold

• Proved and probable reserves (ore): 28.7 Mt (31 Mt in FY 2022)
• Number of mines: 1 (1 in FY 2022)

All figures shown in the chart above are for the trailing 12 month (TTM) period

Wanguo International Mining Group shares are down 4.7% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Wanguo International Mining Group's balance sheet.

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