On August 27, ZHAOJIN MINING rose 3.07% in regular trading, trading at HKD 24.12/share, with turnover of HKD 137 million.
The gold sector continued its rebound momentum, with LINGBAO GOLD up 3.9%, CHIFENG GOLD up 2.63%, ZIJIN GOLD INTL up 2.55%, CHINAGOLDINTL up 1.33%, and SD GOLD up 1.2%. ZHAOJIN MINING tracked the broader sector strength.
On the fundamentals front, the company released its interim results on August 23, reporting first-half revenue of RMB 9.022 billion, up 29.38% year-over-year, with net profit of RMB 2.105 billion, up 18.50%. Gross margin expanded from 43.74% to 48.18%, with gross profit surging 42.51%. Overseas gold production grew 33.44% year-over-year, effectively offsetting the impact of domestic mine suspension and rectification, demonstrating operational resilience that underpins the stock price recovery.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments