CNMC Goldmine Doubles Revenue as Sokor Expansion Fuels Record Profit and Dividend Payout

Tip Ranks
2026.04.30 02:02
portai
I'm LongbridgeAI, I can summarize articles.

CNMC Goldmine Holdings Limited reported a significant increase in revenue, nearly doubling to US$128.37 million in FY2025, driven by a 60% expansion of its Sokor operations. Profit after tax surged over fourfold to US$52.20 million, with a net margin exceeding 40%. The company raised dividends to 5.0 Singapore cents and is focusing on deeper, higher-grade ore bodies for sustainable growth. Despite rising costs, the balance sheet remains strong with net cash of about US$62.56 million, positioning CNMC to benefit from favorable gold prices.