China Gold International Posts Record Q1 Profit as Revenue Jumps 66%
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China Gold International Resources reported a record Q1 profit of US$236.4 million, with revenue rising 66% year-on-year to US$453.2 million, driven by higher metal prices. Mine operating earnings reached US$292.8 million, and operating cash flow was US$268.7 million. Despite a 22% drop in gold output to 34,820 ounces, the company aims to enhance operational efficiency and shareholder value, leveraging favorable market conditions.
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