Shandong Gold (01787) expects net profit to be increased by 35.74% to 61.45% year-on-year in the first quarter

According to the Zhitong Finance App, Shandong Gold (01787) announced that it is expected to achieve net profit attributable to owners of the parent company in the first quarter of 2025 of RMB 950 million to RMB 1,130 million, an increase of RMB 250 million to RMB 430 million compared with the same period last year, and an increase of 35.74% to 61.45% year-on-year.

Net profit attributable to owners of the parent company is expected to be RMB 951 million to RMB 1,131 million in the first quarter of 2025, an increase of RMB 242 million to RMB 422 million compared with the same period last year, and an increase of 34.05% to 59.41% year-on-year.

In the first quarter of 2025, the company optimized production layout in an integrated manner, strengthened core technical research, and raised the level of fine management. While scientifically matching project construction, the company significantly improved operational efficiency, achieved a collaborative improvement in production efficiency, resource utilization, and project construction speed. At the same time, compounded by upward factors in gold prices, the company's profit increased significantly year-on-year, and successfully achieved a “good start” for the first quarter.