MONGOL MINING (00975) issued a profit warning, expecting a net loss of approximately USD 15 million to USD 25 million in the first half of the year, a turnaround from profit to loss compared to the same period last year.
Zhitong Financial News App reported that MONGOL MINING (00975) announced that compared with a comprehensive net profit of 132.9 million US dollars in the first half of 2024, it is expected that the group will incur a comprehensive net loss of approximately 15 to 25 million US dollars in the first half of 2025.
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