China Gold International Resources: Net Profit for First Three Quarters Expected to Reach 5.52-5.8 Billion Yuan, Up 50.05%-57.66% Year-on-Year

36Kr has learned that China Gold International Resources announced its expected net profit attributable to the parent company for the first three quarters will be between 5.52 billion and 5.8 billion yuan, representing a year-on-year increase of 50.05%-57.66%; net profit after deducting non-recurring gains and losses is expected to range from 5.5 billion to 5.8 billion yuan, up 30.53%-37.65% year-on-year. The performance growth is primarily driven by significant year-on-year increases in prices of major metals such as gold and copper, increased revenue from by-products like sulfuric acid, and a substantial year-on-year improvement in gross margins for core businesses including mined gold.