On August 17, ZIJIN GOLD INTL rose 3.29% in regular trading, trading at HK$131.4/share, with turnover of HK$20.81 million. The rally was driven by the company's blockbuster interim results and inaugural dividend announcement.
On August 14, the company reported H1 results showing revenue of US$3.99 billion, up approximately 100% year-over-year, while profit attributable to owners surged 179% to US$1.45 billion, with earnings per share of US$0.54. Gold production reached approximately 27.3 tonnes, with controlled mine output rising roughly 37% year-over-year. The average realized gold price was approximately US$4,643 per ounce. Notably, the board declared its first-ever interim dividend of HK$1.50 per share, payable on September 24.
All-in sustaining costs rose to US$1,678 per ounce, up 7% year-over-year, primarily due to higher royalties linked to elevated gold prices. Excluding royalties, unit costs declined on a year-over-year basis. The broader gold sector also traded higher, with China Gold International up 4.66%, Lingbao Gold up 4.58%, SD Gold up 3.46%, Zhaojin Mining up 3.0%, and Chifeng Gold up 2.7%.
(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.)