Morningstar

Morningstar, Inc.

Equity Bottom-Up

No-moat Jiangxi Copper’s cumulative nine-month net profit of CNY 2.0 billion, up 29% year over year, was largely in line with our expectations. The robust results were mainly attributable to higher metal prices.
Analyst: Chokwai Lee, CFA

China

Jiangxi Copper Company Limited mines and distributes metal products. The Company produces nonferrous metals, ferrous metals, rare metals, and other products. Jiangxi Copper also produces chemical products.

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