Jinwu Finance News | Wanguo Mining (03939) announced its interim performance for the six months ended June 30, 2024. According to the financial report, the company's attributable net profit was approximately 0.254 billion yuan, an increase of about 72.9% year-on-year; basic earnings per share were approximately 30.7 cents; and the proposed interim dividend was 12.00 Hong Kong cents.
During the period, the group's revenue was approximately 0.928 billion yuan, an increase of about 59.7% year-on-year.
The announcement stated that for the year ended December 31, 2023, and the six months ended June 30, 2024, sales of gold ingots and gold concentrates accounted for more than 50% of the group's revenue and gross profit. With the continuous progress of the Jinling mining exploration project and the ongoing improvement of production processes, the group expects gold mining and processing to become the main source of revenue and profits for the group in the near future.