Shandong Gold Mining Forecasts Up to 66% Rise in 2025 Profit; Shares Drop 11%

MT Newswires Live

02/02

Shandong Gold Mining (HKG:1787, SHA:600547) expects 4.6 billion yuan to 4.9 billion yuan in attributable profit for 2025, a rise of 56% to 66% year on year from the 2.95 billion yuan booked in 2024, according to a Hong Kong bourse filing Friday.

Hong Kong shares of the gold miner fell nearly 11% in late morning trade Monday, while its Shanghai shares dropped 10%.

The company expects to release its results by the end of March.

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