Shandong Gold Mining Reports Soaring Profits
Company Announcements

Shandong Gold Mining Reports Soaring Profits

Shandong Gold Mining Co., Ltd. Class H (HK:1787) has released an update.

Shandong Gold Mining Co., Ltd. has reported a significant surge in financial performance for the first half of 2024, with revenue climbing to about RMB 45.77 billion, a 66.90% increase from the previous year. Profits soared by 117.56% to roughly RMB 2.13 billion, while earnings per share doubled from RMB 0.14 to RMB 0.26, reflecting robust growth. The company also proposed an interim dividend of RMB 0.80 per 10 shares, pending approval at the upcoming general meeting.

For further insights into HK:1787 stock, check out TipRanks’ Stock Analysis page.

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