
"Performance" CHINAGOLDINTL turns a loss into a profit of USD 341 million in the first three quarters
CHINAGOLDINTL (02099.HK) announced its performance for the first three quarters ending September this year, with sales revenue of USD 925 million, a year-on-year increase of 99.8%. It turned a loss into a profit of 341 million, compared to a loss of 4.551 million in the same period last year; earnings per share were 86.13 cents.
In the third quarter alone, the company recorded sales revenue of 345 million, a year-on-year increase of 35.5%. Net profit was 141 million, a year-on-year increase of 420.4%; earnings per share were 35.6 cents.
The company's Chairman and CEO, Hou Chengguang, stated that the company has set a new record for quarterly net profit for two consecutive quarters, confirming the foresight of its strategic decisions and reflecting a significant improvement in operational efficiency

