Lingbao Gold Forecasts At Least 250-Million-Yuan Profit in Q1

MT Newswires Live

2025/05/08

Lingbao Gold (HKG:3330) forecasts its first-quarter profit will not be lower than 250 million yuan, according to a Wednesday filing with the Hong Kong bourse.

The gold mining and processing company attributed the upbeat forecast to a higher gold output compared with the year-ago period, as well as enhanced operational efficiency and cost control, the filing said.

Higher gold market prices also contributed to the rise, the filing said.

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