Lingbao Gold Group (HKG:3330) expects a net profit between 617.5 million yuan and 705.7 million yuan in 2024, 110% to 140% higher than 294.0 million yuan logged for the year prior, a Monday Hong Kong bourse filing said.
The company attributed the expected increase to its efforts to counter policy impacts and infrastructure renovations in the first half and to ramp up production in the second half.
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