CHINAGOLDINTL (02099) announced its financial results for the first quarter of 2026. Revenue increased by 66% to $453.2 million, up from $273.1 million in the same period of 2025. Mine operating profit rose by $175.1 million to $292.8 million, compared to $117.7 million a year earlier. Net profit reached $236.4 million, an increase of $150.4 million from $86.0 million in the first quarter of 2025, marking the company's first-ever quarterly net profit exceeding $200 million. Cash flow from operations grew to $268.7 million from $143.5 million in the prior-year period.

Total gold production decreased by 22% to 34,820 ounces from 44,797 ounces in the first quarter of 2025. Total copper production saw a slight increase to 37.50 million pounds (approximately 17,030 tonnes) from 37.30 million pounds (approximately 16,911 tonnes) a year ago.

Mr. Hou Chenguang, Chairman and CEO of the company, commented, "The company continued its strong growth trajectory in the first quarter, achieving the highest quarterly net profit in its history. Benefiting from elevated metal prices and stable operations, we delivered robust revenue growth and profitability. This establishes a solid foundation for the execution of our annual strategy. The company remains focused on enhancing operational efficiency and creating long-term value for shareholders."