On August 26, ZHAOJIN MINING rose 3.22% in regular trading, trading at HKD 25.62/share, with turnover of HKD 178 million.
The gold sector staged a collective rebound following the previous session's broad profit-taking pullback. Within the Gold sector, China Gold International rose 4.2%, Lingbao Gold rose 4.15%, Chifeng Gold rose 2.97%, and SD Gold gained 1.01%.
On the fundamental side, the company released its interim results on August 23, reporting H1 revenue of RMB 9.022 billion, up 29.38% year-over-year; net profit of RMB 2.105 billion, up 18.50% YoY; and gross margin improving from 43.74% to 48.18%. Overseas gold production grew 33.44% YoY, effectively offsetting the impact of domestic mine shutdowns for safety rectification. The company also added 28.46 tonnes of gold metal resources during the period, bolstering long-term production reserves.
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