"Profit Alert" CHIFENG GOLD forecasts a minimum 70% increase in annual net profit to 3 billion RMB
CHIFENG GOLD (06693.HK) issued a profit warning, expecting the net profit attributable to shareholders for the fiscal year 2025 to be between RMB 3 billion and RMB 3.2 billion, an increase of 70%-81% compared to the previous year. The reason is that the main gold production is approximately 14.4 tons, the sales price of main gold products has risen by about 49%, and the profitability of domestic and foreign mining enterprises has improved
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