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Shanjin International Gold Expects Up to 55% Rise in H1 Profit

Shanjin International Gold (SHE:000975) forecasts a 47% to 55% rise in its net attributable profit to between 2.35 billion yuan and 2.48 billion yuan in the first half from 1.60 billion yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse. The gold mining expects earnings per share to increase to between 0.8472 yuan and 0.8941 yuan from 0.5747 yuan a year earlier. Shanjin Gold attributed the expected rise to higher mineral product sales prices.

SHE000975

Shanjin International Gold (SHE:000975) forecasts a 47% to 55% rise in its net attributable profit to between 2.35 billion yuan and 2.48 billion yuan in the first half from 1.60 billion yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.

The gold mining expects earnings per share to increase to between 0.8472 yuan and 0.8941 yuan from 0.5747 yuan a year earlier.

Shanjin Gold attributed the expected rise to higher mineral product sales prices.