GT GOLD (HKEX: 08299) has released its annual results for the period ending March 31, 2026. The group achieved revenue of HK$1.966 billion, representing a year-on-year increase of 49.62%. Profit attributable to owners of the company amounted to HK$94.878 million, a growth of 42.57% compared to the previous year. Basic earnings per share were 1.19 HK cents.
The company announced that the total revenue from its mining operations for the financial year was approximately HK$284.2 million, an increase of about 51.5% from the prior year. This growth in the mining segment's revenue is attributed to higher gold prices and increased production capacity.
During the year, the group produced approximately 298 kilograms of gold concentrate, which is about 7.56% higher than the roughly 277 kilograms produced in the previous financial year.
Looking Ahead
Looking forward, the group will continue to implement its multi-faceted growth strategy aimed at expanding gold production capacity, strengthening its resource reserves, and improving operational efficiency.
Within its own operations, the renovation project at the Taizhou mine is expected to be completed during the 2026 fiscal year. Following government approval and acceptance, a gradual increase in production is anticipated thereafter.
The reconstruction project for a 500-ton-per-day processing plant is targeted for completion in August 2026. Additionally, a 1,000-ton-per-day processing plant is scheduled to be finished by the end of 2026.
Upon completion of each renovation project, Taizhou Mining will promptly submit formal applications for inspection and acceptance to the relevant government authorities.
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