Shanjin International Gold Expects Up to 55% Rise in H1 Profit

MT Newswires Live07-14

Shanjin International Gold (SHE:000975) forecasts a 47% to 55% rise in its net attributable profit to between 2.35 billion yuan and 2.48 billion yuan in the first half from 1.60 billion yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.

The gold mining expects earnings per share to increase to between 0.8472 yuan and 0.8941 yuan from 0.5747 yuan a year earlier.

Shanjin Gold attributed the expected rise to higher mineral product sales prices.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment