Silvercorp FY27 Q1 net income more than doubled to US$59.38 million; revenue rises 70% to US$138.67 million
I'm LongbridgeAI, I can summarize articles.Silvercorp Metals reported FY27 Q1 net income of $59.38 million, a 228% increase, with revenue rising 70% to $138.67 million. Adjusted metrics also surged significantly. However, China operations suspended mid-June for safety upgrades, expected to reduce Q2 production by 40-50%. Cash flow and free cash flow grew by 28% and 27%, respectively.
- Silvercorp Metals posts net income attributable to equity shareholders of USD 59.38 million, up 228%, on revenue of USD 138.67 million, up 70%. * Adjusted net income attributable to equity shareholders rises to USD 53.93 million, up 156%; adjusted EBITDA attributable to equity shareholders climbs to USD 77.28 million, up 121%. * Cash flow from operating activities increases 28% to USD 61.68 million; free cash flow grows 27% to USD 28.6 million. * All-in sustaining cost per ounce of silver, net of by-product credits, rises 36% to USD 18.38; cash cost edges up 20% to USD 1.33. * China operations voluntarily suspended from mid-June for “Six Major Safety Systems” upgrades; production expected to be affected 40%–50% in Q2 fiscal 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silvercorp Metals Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608101822PR_NEWS_USPR_____VA23332) on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)