Jiangxi Copper Company (358) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was RMB 111.6 billion, down 8.9% year-over-year.

• Net profit attributable to shareholders rose 13.85% year-over-year to RMB 1.95 billion.

• Net profit after non-recurring items increased 37.08% year-over-year to RMB 2.48 billion.

• Net cash flows from operating activities turned positive at RMB 558 million, compared to a negative RMB 6.07 billion in Q1 2024.

• Total assets grew 9.84% from year-end 2024 to RMB 212.1 billion.

Financial highlights

• Basic EPS was RMB 0.57, up from RMB 0.50 in Q1 2024.

• Gross margin and operating profit details not explicitly stated, but operating profit was RMB 2.42 billion, up from RMB 2.17 billion year-over-year.

• Total comprehensive income attributable to shareholders was RMB 1.94 billion, down from RMB 4.57 billion in Q1 2024 due to lower other comprehensive income.

• Net cash flows from investment activities were negative RMB 4.28 billion, and net cash flows from financing activities were positive RMB 3.63 billion.

Outlook and guidance

• No explicit forward-looking guidance or outlook provided in the report.