Shandong Gold Mining first quarter net profit surges 46.62%

Shandong Gold Mining Co., Ltd. (HKEX: 1787) announced its first-quarter results for 2025, showcasing significant growth. The company's net profit attributable to shareholders of the listed company soared to CNY 1,026,208,555.63, a 46.62% increase compared to the same period last year. Basic and diluted earnings per share both rose by 53.85% to CNY 0.20. Operating income also saw a substantial uplift, climbing 36.81% to CNY 25,935,464,215.71. Net cash flows from operating activities increased by 45.65% to CNY 2,526,194,197.91. These gains were attributed to higher selling prices for self-produced and purchased gold, improved operational management, and rising gold prices. As of March 31, 2025, total assets reached CNY 164,179,836,377.99, a 2.19% increase from the end of last year.