Understanding the Market | ZHAOJIN MINING's performance rose by over 5% after the first half of the year, with the net profit attributable to shareholders increasing by more than double year-on-year. Key projects are progressing in an orderly manner

ZHAOJIN MINING's performance rose by over 5%, reaching 5.26% as of the time of publication, at HKD 14.4, with a turnover of HKD 298.816 million. In terms of news, ZHAOJIN MINING released its interim performance for the 6 months ending June 30, 2024. The group achieved revenue of RMB 4.627 billion, a year-on-year increase of 34.24%; the net profit attributable to owners of the parent company was RMB 0.553 billion, a year-on-year increase of 118.62%; and earnings per share were RMB 0.12. In the first half of the year, domestic key projects led by Ruihai Mining Engineering and overseas projects led by the acquisition of Tietto Minerals Limited progressed in an orderly manner as planned. Key projects such as stability and production increase as well as deep exploration of the E'ergou Gold Mine, development of the Beishan Mining, and capacity expansion at the Canzhuang Gold Mine were accelerated