CICC Gold (600489.SH) sales are expected to increase. Net profit due to mother is expected to be 5.52 billion yuan to 5.8 billion yuan in the first three quarters, an increase of 50.05% to 57.66% year-on-year

Zhitong Finance App News, CICC Gold (600489.SH) announced that the company expects to achieve net profit attributable to parent company owners of 5.52 billion yuan to 5.8 billion yuan in the first three quarters of 2026, an increase of 50.05%-57.66% over the previous year.

The increase in the company's performance is mainly due to a marked increase in the profitability of main products such as gold and copper. Specifically, prices of major metals such as gold and copper rose significantly year-on-year during the reporting period, providing solid support for the revenue side; at the same time, by-products such as sulfuric acid also achieved a considerable increase in revenue, further increasing profit margins. Against the backdrop of a favorable external market environment, the company focused on optimizing internal management, making every effort to improve quality, increase efficiency and steady growth. By deepening lean operations, strictly controlling costs and expenses, and continuously promoting cost reduction and efficiency, the company has effectively built a solid foundation of profit. On this basis, the gross margin of core businesses such as mineral gold increased sharply year-on-year, and rising prices, by-product contributions, and operational efficiency improvements worked together to help the overall performance grow steadily.