Lingbao Gold Expects 2025 Profit to More Than Double Year on Year

MT Newswires Live

01/09

Lingbao Gold Group (HKG:3330) said it expects its 2025 profit to more than double year over year, according to a Hong Kong bourse filing Thursday.

Shares of the gold miner jumped over 2% in late morning trade Friday.

The firm expects 1.50 billion yuan to 1.57 billion yuan in profit for the year, up 115% to 125% from the 699.1 million yuan recorded in 2024.

Revenue for the year is expected to rise 9% to 11% to 12.93 billion yuan to 13.17 billion yuan, the firm said.

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