HK Stock Market Move | CNNC INT'L (02302) rises by more than 7% again, with the trading volume of uranium business increasing, driving significant growth in annual revenue and profit.

CNNC INT'L (02302) rose by over 7%,as of press time, it was up 7.59% at HKD 7.23, with a turnover of HKD 12.73 million. On the news front, CNNC INT'L recently announced that it expects its revenue for 2025 to be no less than HKD 2.46 billion, and gross profit to be no less than HKD 260 million, showing a steady increase compared to the same period in 2024. The core driving force behind the company's revenue growth clearly comes from the increase in trading volume of its uranium trading business. In terms of profitability, the announcement stated that if factors such as the sale of subsidiary company equity and the performance of affiliated companies in 2024 are excluded, the net profit of the company's uranium trading business in 2024 is approximately HKD 140 million. In 2025, the estimated net profit from this business segment will be no less than HKD 190 million, meaning that the net profit growth of its core business will increase by no less than HKD 50 million year-on-year, exceeding 35%.