Zhaojin Gold Sees Record Profit Growth Amid Global Gold Price Surge

Zhaojin Gold's first-half net profit skyrocketed by over 400% to 227 million yuan ($33.7 million), thanks to volume and price gains at its Vatukoula Gold Mine in Fiji.

The company produced 458.10 kilograms of gold, a 56.69% increase from the prior year, with revenue reaching 363 million yuan ($53.8 million), up 85.13% year-on-year.

Net profit growth far outpaced revenue growth, reflecting the company's favorable position in both cost control and product pricing.