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Luoyang Molybdenum: Net profit expected to increase by 50.3% year-on-year in 2025, proposing a dividend of 10 shares for every 2.86 yuan
People’s Finance News, March 27 - Luoyang Molybdenum Co., Ltd. (603993) disclosed its annual report on March 27, showing that in 2025 it achieved operating income of 206.684 billion yuan, a year-on-year decrease of 2.98%; net profit attributable to shareholders was 20.339 billion yuan, a year-on-year increase of 50.3%; basic earnings per share were 0.95 yuan. The company plans to distribute a cash dividend of 2.86 yuan (tax included) for every 10 shares. The board of directors proposed that the mid-term profit distribution in 2026 should distribute a cash dividend of no less than 0.95 yuan (tax included) for every 10 shares. During the reporting period, the performance growth was attributed to the significant increase in the prices of copper, cobalt, gold, and other products year-on-year, as well as the company’s proactive layout of gold resources, completing the acquisition of Ecuador’s Odin Mining and four gold mines in Brazil.