CNMC's gold production poised to recover this year: CEO
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MALAYSIAN gold miner CNMC Goldmine Holdings, which is seeking a dual primary listing on the Hong Kong bourse, says its performance is poised to recover this year as it announced a net profit of US$1.29 million for the fourth quarter despite a decline in revenue.
The profit, compared to a net loss of US$1.94 million in the previous year, came about thanks to a reversal of performance bonus accruals and an unrealised foreign exchange gain.
