China Baiyin Group (00815) announced interim results, net loss attributable to owners of approximately RMB 24.1 million, year-on-year profit to loss

According to the Zhitong Finance App, China Silver Group (00815) announced its 2026 interim results, with revenue of about 509 million yuan, a decrease of about 75.7%. The net loss attributable to the owners of the company was approximately RMB 24.1 million, a year-on-year profit to loss.

According to the announcement, the performance loss was mainly due to the increase in silver prices in the first half of the year, combined with a decrease in demand for various silver applications, which led to a decline in the Group's silver ingot sales in the first half of 2026; an increase in administrative expenses; a loss of about 38.9 million yuan from the sale of a joint company. This was due to the dilution of the Group's shares in its associated company Everest Gold after completing the placement of new shares on February 6 and March 13, 2026, respectively.