Tongguan Gold Group Ltd. (HK:0340) has released an update.
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Tongguan Gold Group Ltd. announces a significant surge in interim financial results, with an expected 26% increase in revenue to HK$850 million and a 469% rise in net profit to HK$91 million for the first half of 2024. The positive outcome is largely due to enhanced gold sales volume following a recent acquisition and favorable mining yields and selling prices. These preliminary figures are still subject to finalization and audit review.
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