CGN MINING (01164) announced its interim results, reporting a loss attributable to owners of approximately HKD 80 million, an increase of 18% year-on-year.
China General Nuclear Power Corporation Mining (01164) announced its mid-year results for 2026, with a turnover of approximately HK$2.025 billion, an increase of about 19% compared to the same period in 2025. The loss attributable to the company's owners is approximately HK$80 million, a year-on-year increase of 18%. The basic loss per share is approximately 1.05 HK cents.
CGN MINING (01164) announced its interim results for 2026, with a turnover of approximately HK$2.025 billion, an increase of about 19% compared to the same period in 2025. The loss attributable to the company's owners was approximately HK$80 million, an increase of 18% year-on-year. The basic loss per share was approximately HK$1.05.
The main reason for the increased loss was the decrease in natural uranium sales volume and the rise in unit sales costs for companies X and Y in the first half of 2026 compared to the same period last year, leading to a decrease in profit for both companies and a corresponding reduction in investment income from a joint venture and an associate for the group compared to the previous year.
As of December 31, 2025, the group's total equity reserve was 17,600tU; the equity production for the first half of 2026 was 612tU.
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