Chifeng Jilong Gold Mining Reports Strong First-Half Profit Growth of 56.5%

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Yesterday

Chifeng Jilong Gold Mining Group Limited (600988.SH) has released its interim results for the first half of 2026, posting a net profit attributable to shareholders of 1.732 billion yuan, a year-on-year increase of 56.50%.

During the reporting period, the company recorded total operating revenue of 7.018 billion yuan, up 33.11% year-on-year. The net profit attributable to shareholders, excluding non-recurring gains and losses, reached 1.738 billion yuan, climbing 56.34% from a year earlier. Basic earnings per share stood at 0.92 yuan.

In the first six months of 2026, against a backdrop of persistently high and volatile global gold prices, the company leveraged its strategic focus on gold as the core business and its dual-driver layout across domestic and overseas operations, sustaining a rapid growth trajectory in key performance metrics.

During the period, the company produced 6.2 tonnes of gold and 5,399 tonnes of electrolytic copper. Net cash flows generated from operating activities totaled 1.880 billion yuan, up 16.60% year-on-year, while capital expenditure reached 1.405 billion yuan, an increase of 45.43%. As of the end of the reporting period, the company's debt-to-asset ratio stood at 29.62%, down 4.29 percentage points from the start of the year, reflecting continued improvement in its financial structure.

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