Shandong Gold Mining Forecasts Up to 61% Rise in Q1 Profit

MT Newswires Live

2025/04/15

Shandong Gold Mining (HKG:1787, SHA:600547) forecasts its attributable profit to rise by 36% to 61% to between 950 million yuan and 1.13 billion yuan in the first quarter from 700 million yuan in the year-ago period.

The miner attributed the upbeat forecast to better production layouts and production efficiency, as well as higher gold prices, according to a Monday filing with the Hong Kong bourse.

Shandong Gold Mining plans to release Q1 results by the end of April.

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