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CHINA NATURAL RESOURCES REPORTS FULL YEAR 2024 RESULTS

  • China Natural Resources released its financial performance report covering the full fiscal year of 2024, highlighting progress in several key operational areas.
  • The net loss declined by CNY9.28 million due to the disposal of PSTT in 2023 and expense control measures.
  • Administrative expenses fell from CNY12.88 million to CNY7.20 million, primarily due to reduced professional fees, while other income declined significantly, largely because a government compensation received in 2023 was not repeated in 2024.
  • The net increase in value related to the company’s financial instruments rose by CNY3.15 million to reach CNY4.00 million, driven by changes in the valuation of the outstanding warrants, as noted by Chairman Wong Wah On Edward.
  • Despite challenging geopolitical and trade conditions that adversely affected markets, the company continues to prudently invest in exploration and is evaluating leveraging its mining expertise to build shareholder value.
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CHINA NATURAL RESOURCES REPORTS FULL YEAR 2024 RESULTS

HONG KONG, May 15, 2025 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company") today announced its results of operations for the year ended December 31, 2024. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have…

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Charleston Gazette-Mail broke the news in Charleston, United States on Thursday, May 15, 2025.
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