Chifeng Gold H1 Profit Up 56.5% to RMB1.732 Billion, No Dividend
Chifeng Gold reported a 56.5% year-on-year increase in interim net profit attributable to shareholders, reaching RMB1.732 billion for the six months ended June 30. Revenue rose 33.11% to RMB7.018 billion. Earnings per share stood at RMB0.92, with no interim dividend declared. The company plans to focus on technical upgrades, production recovery, and capacity expansion in the second half.
Chifeng Gold announced its interim results for the six months ended June 30. During the period, profit attributable to shareholders reached RMB1.732 billion, up 56.5% year-on-year, with earnings per share of RMB0.92. No interim dividend was declared. Revenue amounted to RMB7.018 billion, an increase of 33.11% year-on-year.
The company stated that, based on its 2026 annual operating targets and actual performance during the reporting period, it will focus in the second half on advancing technical upgrades and production recovery, as well as expansion construction and capacity ramp-up. Additionally, the company will push forward with approval breakthroughs and development in new areas.