Guangdong Mingzhu: Net profit is expected to increase by 2908.49%-3577.04% in 2025 compared to the previous year.

Guangdong Mingzhu announced that it is expected to achieve a net profit attributable to shareholders of the listed company of 166 million to 203 million yuan in 2025, a year-on-year increase of 2908.49% to 3577.04%. This is mainly due to the significant increase in production and sales volume of iron concentrate powder by its wholly-owned subsidiary Mingzhu Mining, the additional contribution from the sales of lump ore, and changes in non-recurring gains and losses.