GT GOLD (08299) announced its interim results, with a net profit attributable to equity holders of HK$14.206 million, representing a year-on-year increase of 72.93%.

GT GOLD (08299) announced its interim results for the six months ended September 30, 2024, with revenue of approximately HK$538 million, representing a year-on-year increase of approximately 533.8%. The profit attributable to equity holders of the company was HK$14.206 million, a year-on-year growth of 72.93%; earnings per share were 0.21 HK cents. The announcement stated that the increase in revenue was due to the acquisition of a production line of a gold refinery, expanding the group's gold industry chain from mining and mineral processing to gold ore refining, as well as the production and sale of gold ingots and other minerals. The increase in net profit was mainly attributed to the increase in revenue and income from other sources.