Western Gold: Net profit in the first quarter of 2026 is expected to increase by over 1161%

Western Gold announced that it is expected to have a net profit attributable to the owners of the parent company of 450 million to 560 million yuan in the first quarter of 2026. Compared with the statutory disclosed data for the same period of the previous year, it will increase by 414 million to 524 million yuan, a year-on-year increase of 1161.38% to 1469.71%; compared with the restated data, it will increase by 426 million to 536 million yuan, a year-on-year increase of 1797.16% to 2260.91%. The main reasons for the increase in performance are the rise in sales volume, selling price of gold products, and electrolytic manganese price, as well as the acquisition of 100% equity of Xinjiang Meisheng Mining by August 2025 and its inclusion in the consolidated financial statements.