CHINAGOLDINTL (02099) Reports Q3 Net Profit of $142.3M, Up 410% YoY

Stock News
Nov 14

CHINAGOLDINTL (02099) announced that its Q3 2025 revenue rose 36% year-over-year to $345 million. Net profit reached $142.3 million, surging 410% YoY and marking a record high for two consecutive quarters. Total gold output declined 18% to 41,150 ounces compared to 50,160 ounces in Q3 2024. Copper production increased to 42.3 million pounds (approx. 19,204 tonnes) from 38.3 million pounds (approx. 17,361 tonnes) in the same period last year.

For the first nine months of 2025, revenue doubled YoY to $925.4 million, while net profit stood at $344.6 million—a $347.6 million turnaround from a $3 million net loss in 2024. Gold output grew 27% to 129,350 ounces, and copper production nearly doubled to 119.3 million pounds (approx. 54,127 tonnes).

Chairman and CEO Hou Chenguang stated, "Back-to-back record quarterly profits validate our strategic foresight and operational efficiency. With our team's dedication, CHINAGOLDINTL will seize opportunities to further strengthen our industry position and market value."

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