Hunan Gold’s Output of Tungsten Products in 2023 May Reach 2,000 Standard Tons

According to Chinatungsten Online, Hunan Gold is expected to produce 2,000 standard tons of tungsten products, 47,027 kilograms of gold, and 41,372 tons of antimony products in 2023, an increase of -1.62%, -2.15%, and 34.70% respectively compared with 2022 production.

As of June 21, 2023, a total of 13 institutions have made predictions on Hunan Gold’s 2023-2025 performance within six months: the estimated earnings per share in 2023 will be 0.64 yuan, a year-on-year increase of 77.78%, and the net profit will be 768 million yuan , a year-on-year increase of 75.52%; the estimated earnings per share in 2024 will be 0.82 yuan, while the net profit will be 989 million yuan; the expected earnings per share in 2024 will be 1.00 yuan, while the net profit will be 1.204 billion yuan.

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