Jiangxi Copper Beats Expectations as Analysts Forecast Strong Growth
Jiangxi Copper Company Limited's latest half-year results have been met with positive sentiment from analysts, who expect the company to perform strongly in the coming year.
The company's revenue fell marginally short of analyst estimates at CN¥306 billion, but statutory earnings beat expectations by 32%, coming in at CN¥2.58 per share.
The most recent consensus for Jiangxi Copper from eight analysts is for revenues of CN¥669.6 billion in 2026, a 13% increase on the past year's revenue.
Earnings per share are predicted to shoot up by 24% to CN¥4.16, with no major changes to the consensus price target of HK$48.08.