Chifeng Jilong Gold Mining (600988.SH) has announced a forecasted increase, with an estimated net profit of 17.3 billion to 18 billion in 2024, representing a year-on-year increase of 115.19% to 123.90%.

Chifeng Jilong Gold Mining (600988.SH) announced that the company is expected to achieve a net profit attributable to owners of the parent company of 1.73 billion to 1.8 billion yuan in 2024, representing a year-on-year increase of 115.19% to 123.90%. The company's net profit attributable to owners of the parent company and net profit attributable to owners of the parent company after deducting non-recurring gains and losses are both expected to significantly increase in 2024 compared to the previous year. This is mainly due to the increase in gold production and sales volume, rising sales prices, and the company's continuous cost control measures, which have effectively controlled production costs.