SHANGSHAN GOLD (01939) announces annual performance with a profit of 107 million Hong Kong dollars, representing a year-on-year increase of 73.2%.

SHANGSHAN GOLD (01939) announced its financial results for the year ended March 31, 2026. The group recorded a profit of HK$107 million, representing a 73.2% increase compared to the previous year. The company's attributable loss was HK$21.766 million, with a basic loss per share of HK$0.0431. During the reporting period, the increase in profit was mainly attributed to (i) an increase in revenue from art auctions and related businesses to approximately HK$61.7 million (2025: approximately HK$52.2 million), (ii) an increase in revenue from art sales to approximately HK$45.5 million (2025: HK$9.9 million), and (iii) an increase in revenue from gold and gold-related businesses to approximately HK$0.2 million (2025: nil).