Detail akcie Chinavtm Mining online

Business Summary: China Vanadium Titano-Magnetite Mining Company Limited is a Hong Kong-based investment holding company principally engaged in mining and ore processing, sale of self-produced products, trading of coals and steels, management of strategic investments and providing specialist mining services. The mining operation business mainly includes the sale of self-produced high-grade iron concentrates within the range of 65% TFe to 72% TFe. The specialised mining services mainly include raise boring, shaft excavation, engineering services, and other mining services. The Company and its subsidiaries own one ordinary iron ore mine (namely the Maoling-Yanglongshan Mine), one gypsum mine (namely the Shigou Gypsum Mine) and one processing plant (namely the Maoling Processing Plant). All mines and processing plant are located in Sichuan, China.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, China Vanadium Titan Mgntte Mng Co Ltd revenues increased 8% to RMB785M. Net income increased from RMB1.3M to RMB9.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other Net Financial Income/Expenses decrease of 17% to RMB753K (expense).