Zijin Gold International Surges on Record Net Profit and Maiden Dividend
Zijin Gold International's Interim Net Profit Soars 179%, Declares Maiden Interim Dividend of HK$1.5
The company reported interim results for the six months ended June 30, with revenue of $3.987 billion, up 100% year-over-year, and net profit of $1.451 billion, surging 179% from the same period last year.
The average realized gold price hit $4,643 per ounce, up 51% from a year earlier, serving as the core driver of revenue and profit growth.
Operating cash flow was exceptionally strong, reaching $1.8 billion, a 331% surge from the prior-year period.