Movement Alert|SD GOLD Rises 5.25% in Regular Trading, H1 Net Profit Surges 26.17% YoY Fueling Counter-Trend Rally

Market Focus
5 hours ago

On August 31, SD GOLD rose 5.25% in regular trading, trading at 26.84 HKD/share, with turnover of 623 million HKD, bucking a broad selloff across the gold sector.

On the news front, the company disclosed its interim report on August 28, reporting H1 net profit attributable to shareholders of 3.543 billion yuan, up 26.17% year-over-year, on revenue of 53.588 billion yuan. Excluding fair value losses on its Donghai Securities stake, adjusted net profit reached 4.072 billion yuan, a 45.01% year-over-year increase. Overseas mine gold output rose 18.03% to 6.69 tonnes, now accounting for approximately 35% of total mine-produced gold, signaling accelerating capacity release abroad. The company also declared a mid-year cash dividend of 0.1 yuan per share.

Within the Gold sector, SD GOLD sharply outperformed peers, which saw widespread declines: Lingbao Gold fell 8.70%, Chifeng Gold fell 8.31%, China Gold International fell 7.53%, Zijin Gold International fell 7.26%, and Zhaojin Mining fell 4.93%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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