Brief News: Gold prices surge sharply, Universal Gold earned 1.4 billion last year
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Wanguo Gold Group Co., Ltd. announced its 2025 performance, with last year's revenue increasing by 68.5% year-on-year to 3.16 billion yuan, and profit soaring by 135.5% to 1.35 billion yuan, with a gross margin of 74.3%. The company stated that the profit growth was mainly driven by the rise in gold prices and the sales of high-margin gold bars and gold concentrates. Looking ahead, the restructuring of the global order and high U.S. debt will favor the continued rise in precious metal prices. On Thursday, the stock price fell by 4.7% to HKD 13.8, while the stock price has increased by 315% over the past year
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