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LINGBAO GOLD (03330.HK) profit alert: expecting a year-on-year increase in net profit of approximately 110% to 140% in 2024.
Gelonghui, on January 20, announced that LINGBAO GOLD (03330.HK) expects, based on a preliminary review of the group's unaudited consolidated management accounts for the year ending December 31, 2024, and an assessment of the information currently available to the Board of Directors, that (i) the revenue for the year ending December 31, 2024, is expected to be approximately RMB 11,587,049,000 to RMB 11,903,060,000, an increase of about 10% to 13% compared to the revenue of RMB 10,533,681,000 for the year ending December 31, 2023; and (ii) for the year ending December 31, 2024.
Express News | Lingbao Gold Group Sees Revenue Ranging From RMB11.59 Bln to RMB11.90 Bln for Year
LINGBAO GOLD: POSITIVE PROFIT ALERT
CICC: Bullish on the rise of Gold prices in 2025 and the widening gross profit per ton of gold mined by gold mining companies.
China International Capital Corporation released a research report stating that looking ahead to 2025, gold prices may still be in a bull market channel, with a potential to break through $3,000 per ounce in 2025, and the gold price in RMB may achieve a greater increase compared to the gold price in USD.
Gold Price Hits Fresh GBP All-Time High - Solomon Global Analyses Key Factors
MetalsFocus: Gold prices are expected to continue rising in 2025, possibly reaching a peak of $3000 per ounce.
It is expected that the trend of Silver in 2025 will roughly follow the trend of Gold.
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