Summary by Moomoo AI
Shandong Gold Mining Co., Ltd. ("sd gold") announced on October 14, 2024, that it expects the attributable net profit to the parent company owner for the first three quarters of 2024 to reach between RMB 1.85 billion and 2.25 billion, a year-on-year increase of 37.52% to 67.26%. The net profit after deducting non-recurring gains and losses is expected to be between RMB 1.877 billion and 2.277 billion, a year-on-year increase of 46.68% to 77.93%. The company stated that the growth in performance is mainly attributed to optimizing production layout, enhancing technological management and innovation, as well as the continuous rise in the price of gold and the impact of acquiring Shanjin International. Shandong Gold emphasizes that there are no significant uncertainties affecting the accuracy of the performance forecast, but it reminds investors to pay attention to investment risks. Specific financial data will be disclosed in the quarterly report officially released by the company.
