ZIJIN GOLD INTL Reports Q1 Net Profit Attributable to Owners of Approximately $807 Million, Up 385.48%

Stock News
04/21

ZIJIN GOLD INTL (02259) announced that for the three months ended March 31, 2026, the Group achieved revenue of $2.057 billion, representing a year-on-year increase of approximately 137.77%. Profit attributable to owners of the parent for the period was approximately $807 million, an increase of about 385.48% compared to the same period last year. During the three months ended March 31, 2026, the Group's mineral gold production reached 13.46 tonnes, which includes 601 kilograms of equity production from the Porgera Gold Mine. The newly acquired Akyem Gold Mine in Ghana and the Rigold Gold Mine in Kazakhstan, which were acquired in 2025, have begun to contribute incremental production. From January to March 2026, the Group's All-in Sustaining Cost (AISC) was $1,638 per ounce, higher than the $1,501 per ounce recorded for the year ended December 31, 2025. The primary reason for the increase is the significant rise in the gold price, which led to a corresponding increase in royalties calculated based on the gold price. In the second quarter of 2026, the Group will continue to intensify exploration efforts, accelerate the implementation of technical improvement projects, focus on cost control, optimize internal controls and corporate governance, and advance the acquisition of Allied Gold Corporation to further strengthen the Group's core competitiveness.

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