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Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) has provided an announcement.
Shandong Gold Mining Co., Ltd. has announced an estimated increase in net profit for the first quarter of 2025, projecting a rise to between RMB950 million and RMB1,130 million. This represents a significant year-on-year increase of 35.74% to 61.45%, attributed to strategic production optimization, technological advancements, and favorable gold price trends, marking a strong start to the year.
More about Shandong Gold Mining Co., Ltd. Class H
Shandong Gold Mining Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the gold mining industry. The company focuses on optimizing production layouts and enhancing technology to improve operational efficiency and resource utilization.
YTD Price Performance: 61.62%
Average Trading Volume: 13,695,093
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$130.9B
For an in-depth examination of 1787 stock, go to TipRanks’ Stock Analysis page.