MMG Limited

HKSE 1208.HK

MMG Limited Gross Profit for the year ending December 31, 2023: USD 1.51 B

MMG Limited Gross Profit is USD 1.51 B for the year ending December 31, 2023, a -3.20% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • MMG Limited Gross Profit for the year ending December 31, 2022 was USD 1.56 B, a -40.67% change year over year.
  • MMG Limited Gross Profit for the year ending December 31, 2021 was USD 2.64 B, a 90.10% change year over year.
  • MMG Limited Gross Profit for the year ending December 31, 2020 was USD 1.39 B, a -6.64% change year over year.
  • MMG Limited Gross Profit for the year ending December 31, 2019 was USD 1.49 B, a -16.47% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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HKSE: 1208.HK

MMG Limited

CEO Mr. Liang Cao
IPO Date Jan. 21, 2004
Location Australia
Headquarters 28 Freshwater Place
Employees 5,092
Sector Materials
Industries
Description

MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo. It also holds a 100% interest in the Dugald River underground zinc mine located near Cloncurry in North West Queensland; and the Rosebery underground polymetallic base metal mine located on Tasmania's west coast. The company was formerly known as Minmetals Resources Limited and changed its name to MMG Limited in September 2012. MMG Limited was incorporated in 1988 and is headquartered in Southbank, Australia. MMG Limited is a subsidiary of China Minmetals Corporation.

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StockViz Staff

January 15, 2025

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