Lingbao Gold Group Company (3330) H1 2025 earnings summary

Executive summary

• Gold bullion production rose to 10,821 kg (347,884 oz), up 2,870 kg year-over-year, driven by operational efficiency and capacity expansion.

• Revenue for the six months ended 30 June 2025 surged 82.02% year-over-year to RMB7,792.7 million, driven by higher gold production and prices.

• Net profit increased 339% year-over-year to RMB670.0 million, with EPS at RMB0.52 (vs. RMB0.13 last year).

• Gross profit margin improved to 14.61% from 9.52% year-over-year, reflecting higher gold prices, cost control, and operational efficiency.

Financial highlights

• Revenue: RMB7,792.7 million (up 82.02% year-over-year).

• Net profit: RMB670.0 million (up from RMB152.7 million year-over-year).

• Gross profit: RMB1,138.2 million; gross margin: 14.61% (vs. 9.52% last year).

• Basic EPS: RMB0.52 (vs. RMB0.13 year-over-year).

• Interim dividend of RMB0.164 per share proposed, subject to shareholder approval.

Outlook and guidance

• Focus on production growth, cost control, and digital transformation in H2 2025.

• Plans to expand mineral exploration, accelerate key projects, and enhance internationalization.

• Continued investment in digitalization, AI, and ESG initiatives to drive long-term growth.