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<Alert>LINGBAO GOLD Expects Interim NP to Mushroom 3.3-3.5x
Recommend 8 Positive 15 Negative 6 |
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LINGBAO GOLD (03330.HK) issued a positive profit alert, forecasting to record a revenue ranging from approximately RMB7.492 billion to RMB7.92 billion for the six months ended 30 June 2025, representing a YoY increase ranging from approximately 75-85%; and record a net profit ranging from approximately RMB656 million to RMB687 million for the six months ended 30 June 2025, representing a YoY increase ranging from approximately 330-350%. Such increase in revenue and net profit was mainly attributable to the significant increase in gold production as compared with the same period last year benefiting from the acceleration of the Group’s production pace. At the same time, thanks to the continuous improvement of mining technology and strict implementation of cost control measures, the Group further improved its operating efficiency and reduced costs. Combined with the favorable factors of rising gold market prices, the overall efficiency of the Group was significantly improved. AASTOCKS Financial News Website: www.aastocks.com |
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