Summary by Moomoo AI
In the first half of 2024, zhaojin mining achieved revenue of approximately RMB 4.627 billion, a year-on-year increase of 34.24%, with a net profit of approximately RMB 0.726 billion, a year-on-year increase of about 98.82%. The total gold production is approximately 13,178.35 kilograms, an increase of about 11.98% compared to the same period last year, while the total copper production is approximately 4,082 tons, an increase of about 54.15% compared to the same period last year. The net profit attributable to the parent company's shareholders is approximately RMB 0.553 billion, a year-on-year increase of about 118.62%. The net asset value per share is approximately RMB 7.21, with a net asset return rate of about 2.96%. The board of directors does not recommend distributing interim dividends. During the period, zhaojin mining completed the tender offer acquisition of all the shares of Tietto Minerals Limited and successfully acquired a total of 90.52% equity on May 24, 2024. The impact of the acquisition on zhaojin mining's revenue and consolidated profit is approximately RMB 0.198 billion and RMB 18.214 million respectively.
