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<Research>CICC Lifts ZIJIN MINING's TP to HKD40; 3Q Results Beat
Recommend 8 Positive 11 Negative 7 |
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ZIJIN MINING (02899.HK) (601899.SH)'s 1-3Q25 revenue/ net profit attributable to shareholders rose by 10.33%/ 55.45% YoY to RMB254.2 billion/ RMB37.864 billion, according to a CICC research report. For 3Q25 alone, ZIJIN MINING's revenue dropped by 2.58% QoQ to RMB86.489 billion, while its net profit attributable to shareholders grew by 11.02% QoQ to RMB14.572 billion, beating market expectations, mainly attributable to better-than-expected non-operating income. CICC kept an Outperform rating on ZIJIN MINING and raised its target price by 33% to HKD40. AAStocks Financial News |
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