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Stock impact report

CHINA NATURAL RESOURCES REPORTS FULL YEAR 2024 RESULTS [Yahoo! Finance]

China Natural Resources, Inc. (CHNR) 
US:NASDAQ Investor Relations: chnr.net/display.php?cid=21
Company Research Source: Yahoo! Finance
the year ended December 31, 2024 . For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 CNY7.2980 as quoted by www.ofx.com on December 31, 2024 , except as otherwise disclosed. Mr. Wong Wah On Edward , Chairman of the Company, commented, "We are prudently investing in our exploration activities as we continue to evaluate the further value from the Wulatehouqi Moruogu Tong Mine. The intensifying trade frictions and geopolitical tensions significantly and adversely impact market sentiment and the world economy. Despite the challenges, we are evaluating to leverage our mining expertise as we continue to execute on our long-term business strategy and build value for our shareholders." Financial Results for the Twelve Months Ended December 31, 2024 Administrative expenses decreased by CNY5 .68 million ( US$0.78 million ) from CNY12 .88 million for the year ended December 31, 2023 to CNY7 .20 Show less Read more
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