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An update from Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) is now available.
Shandong Gold Mining Co., Ltd. has announced an estimated increase in its annual net profit for 2024, projecting a range of RMB2,700 million to RMB3,200 million. This represents a significant year-on-year increase of 15.98% to 37.46%. The anticipated growth is attributed to strategic leadership, production optimization, technological innovation, and rising gold prices, which have collectively boosted the company’s profitability.
More about Shandong Gold Mining Co., Ltd. Class H
Shandong Gold Mining Co., Ltd. is a joint stock company based in the People’s Republic of China, operating in the gold mining industry. The company focuses on gold production and related activities, aiming to enhance production efficiency and resource utilization.
YTD Price Performance: 12.10%
Average Trading Volume: 8,388,033
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$108.2B
Learn more about 1787 stock on TipRanks’ Stock Analysis page.