CITIC Resources Holdings Limited
CTJHY
Other OTC8.78
USD
- -
- -
ISIN
US17390E1010
CUSIP
17390E101
Return %
Stock
S&P500
1Y
-2.44
26.84
3Y
-23.59
77.03
5Y
12.28
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Weibao Hao
- Full Time Employees
- 193
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- International Commerce Centre Kowloon Hong Kong
- IPO Date
- Apr 27, 2015
- Website
- resources.citic
- Similar Companies
- Business
- CITIC Resources Holdings Limited, an investment holding company and subsidiary of CITIC Limited, engages in the exploration, development, and production of oil and coal; investments in bauxite mining, alumina refining, and aluminum smelting; and the import and export of commodities. The company operates through four segments: Aluminum Smelting, which runs the Portland aluminum smelter in Australia to produce aluminum ingots; Coal, which manages coal mines and sales in Australia; Crude Oil, which explores, develops, and operates oilfields including the Karazhanbas (KBM) oilfield in Kazakhstan, Yuedong oilfield in China, and Seram Block in Indonesia, while selling crude oil; and Import and Export of Commodities, which exports commodity products and imports commodities and manufactured goods. It also provides consulting, management services, financing, oil technology development, and property holding activities. Incorporated in 1997 and headquartered in Kowloon, Hong Kong, the company conducts operations in Mainland China, Australia, Kazakhstan, Indonesia, Europe, other Asian countries, and internationally, targeting natural resource extraction, processing, and trading markets. In 2024, CITIC Resources produced approximately 17.65 million barrels of crude oil across its three oilfields, up 3.2% from 2023, with highlights including boosted reserves at Yuedong's Hainan-20 well block, the lowest historical decline rate at KBM old wells, a commenced asphalt plant expansion at KBM's CASPI BITUM, and cost reductions extending Seram Block's production life through new technologies; the company also divested its stake in Alumina Limited and acquired a 3.03% interest in Alcoa Corporation on July 18, 2024, while reporting revenue of HK$9.5 billion, up 148.3% year-on-year, driven by oil and gas trading.