鐵貨(01029.HK)：第一季K&S銷量按季增長4.2%
格隆匯4月28日丨鐵貨(01029.HK)發佈公吿，2022年第一季，K&S錄得鐵精礦銷量增長4.2%，向客户運送57.94萬噸產品。若非鐵路擠塞問題持續影響K&S向中國運送貨物，銷量將進一步增長。為減輕鐵路跨境物流困難的影響，除探索其他運輸路線外，K&S正將更多的銷售轉至當地市場及中國的海運客户。
鐵精礦產量為59.31萬噸，較銷量高出2.4%，惟較上一季下降1.5%。Kimkan West的礦石質量問題及上述臨時鐵路貨運限制導致K&S加工廠的產能縮減。商業精礦庫存積壓，惟預期待物流狀況改善後將於其後的月份 出售。K&S由兩個獨立的礦場“Kimkan”及“Sutara”組成。Kimkan的資源正逐步耗盡，而由於其礦山壽命正逐步完結，Sutara礦場的開發正在順利進行，並計劃於2022年底或2023年初投入運作。預期Sutara礦石的鐵磁性較高，以 支持生產水平上升。
於本季，鐵江現貨持續受惠於強勁的鐵礦石價格及疲弱的俄羅斯盧布。與上一季相比，平均普氏含鐵量65%鐵礦石指數大幅上升32%至每噸170美元，而盧布貶值15%至平均86盧布兑1美元。淨負債主要由於現金流量的時間而輕微增加至6900萬美元。
鐵江現貨首席執行官馬嘉譽對第一季表現評論道：“我們很高興再次展現鐵江現貨於面對各種挑戰時的應變能力。儘管我們的營運仍受鐵路物流及礦石質量問題阻礙，惟K&S的銷量仍增長4.2%。提高採礦效率、擴展客户基礎及探索不同運輸路線仍屬重中之重。我們亦欣然指出，關鍵營運參數仍對鐵江現貨有利。鐵礦石價格自去年12月以來一直強勁復甦，原因是中國鋼鐵行業的生產限制放寬及巴西雨季濕度超過正常水平，提振鐵礦石需求及降低供應。鑑於地緣政治因素，盧布持續疲弱。綜上所述，鐵江現貨於2022年開局良好。所幸，俄羅斯制裁至今對鐵江現貨及其營運並無造成直接重大影響，但我們一直密切監控不穩局勢。俄羅斯的通貨膨脹情況正在慢慢加劇，而COVID-19疫情正對中國經濟增添不利因素。在此背景下，鐵江現貨將一如既往地保持警惕，以應對不確定因素及挑戰。”
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app！
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
