CHIFENG GOLD (600988, 6693) Announces 2025 Q3 Results, Net Profit Climbs 86.21% Year-on-Year

Bulletin Express
10/24

Chifeng Jilong Gold Mining Co., Ltd. (CHIFENG GOLD) published its unaudited financial results for the nine months ended 30 September 2025. According to the disclosure, operating income for the first three quarters reached RMB 8.64 billion, an increase of 38.91% compared to the same period last year. Net profit attributable to shareholders of the listed company stood at RMB 2.06 billion, up 86.21% year-on-year, while the weighted average return on net assets rose to 19.23%.

During the third quarter, operating income rose 66.39% year-on-year to RMB 3.37 billion, and net profit attributable to shareholders surged 140.98%. The announcement attributed the robust performance to steady organization of production and operations, ensuring a stable output of mined gold amid higher gold prices.

From January to September, mined gold output reached 10,705.28 kilograms. The all-in sustaining cost for gold rose 24.81% year-on-year to RMB 356.37 per gram, partly driven by increased taxes and surcharges and variations in ore grade at overseas mines.

As of 30 September 2025, total assets amounted to RMB 23.47 billion, up 15.46% from the end of last year, while equity attributable to shareholders of the listed company grew 58.15% to RMB 12.52 billion. The company noted that higher retained earnings and proceeds from its H-share listing contributed to the rise in equity.

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