Tongguan Gold (00340) Announces Positive Profit Alert, Expects 2025 Profit to Rise Over 289%

Bulletin Express
02/23

Tongguan Gold (00340) has released a positive profit alert for the year ended 31 December 2025. The company anticipates reporting a net profit attributable to owners of between HK$820.00 million and HK$840.00 million, representing an increase of about 289% to 298% compared with HK$211.00 million in 2024.

Excluding an estimated HK$55.00 million in non-operating expenses, adjusted profit is expected to be between HK$875.00 million and HK$895.00 million, marking a gain of about 315% to 324% compared with the same figure of HK$211.00 million in 2024.

The significant growth is primarily attributed to greater production and sales volumes of mine-produced gold, as well as a higher average selling price compared with 2024.

According to the announcement, final figures are still subject to review and are expected to be confirmed in the company’s official 2025 annual results release around the end of March 2026.

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