Shandong Gold Mining (01787) announces profit growth, with expected net profit attributable to shareholders in the first three quarters ranging from 38.0 billion to 41.0 billion yuan, a year-on-year increase of 83.9% to 98.5%.

Shandong Gold Mining (01787) announced that the company expects to achieve a net profit attributable to the owners of the parent company of RMB 38.0 billion to RMB 41.0 billion in the first to third quarters of 2025, an increase of RMB 17.3 billion to RMB 20.3 billion compared to the same period last year, an increase of 83.9% to 98.5% year-on-year. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses in the first to third quarters of 2025 will be RMB 37.8 billion to RMB 40.8 billion, an increase of RMB 16.9 billion to RMB 19.9 billion compared to the same period last year, an increase of 80.5% to 94.8% year-on-year. In the first to third quarters of 2025, the company will optimize its production layout, enhance core technology research and development, and improve fine management level. While scientifically matching project construction, it will significantly enhance operational efficiency, achieve a synergy improvement in production efficiency, resource utilization, and project construction speed. In addition, with the increase in gold prices, the company's profit growth rate is expected to be significant.