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Shandong Gold Mining (600547) investor relations material
Shandong Gold Mining Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M revenue rose 8.02% YoY to RMB 90.50bn, while net profit attributable to shareholders fell 19.60% to RMB 3.18bn; Q3 recorded a net loss of RMB 362.5m.
Q3 revenue grew 36.63% YoY on higher gold-bar sales and prices, but lower self-produced gold output and sales weighed on quarterly profit.
Financial highlights
9M total profit rose 29.26% YoY to RMB 9.78bn; consolidated net profit increased to RMB 6.23bn from RMB 5.42bn.
9M attributable net profit was RMB 3.18bn, down 19.60%; adjusted for the disclosed securities fair-value loss, it was RMB 3.71bn, down 6.23%.
Q3 attributable net loss was RMB 362.5m and adjusted net loss was RMB 331.0m; basic and diluted EPS were both -RMB 0.11.
9M operating cash flow was RMB 9.33bn, down 38.63% YoY.
Outlook and guidance
Approval was obtained for the 15,000-tonne/day expansion at Sanshandao Gold Mine; next steps include safety-facility design approval and project construction.
- 2025 saw record revenue and profit growth, robust cash flow, and a higher cash dividend proposal.600547
Q4 2025 - Net profit surged 26.2% on resilient operations and higher overseas gold output.600547
Q2 2026 - Q1 revenue and profit surged on higher gold prices and strong cash flow; small gold bar sales soared.600547
Q1 2026 - Q3 net profit jumped 68% on strong gold prices and production, with robust cash flow growth.600547
Q3 2025 - Net profit surged 103% year-over-year on 24% revenue growth and robust gold output.600547
Q2 2025 - Revenue and profit soared in Q3 2024 on strong gold prices and output growth.600547
Q3 2024 - Revenue up 66.9% and net profit up 57.2% in H1 2024, with strong gold output and expansion.600547
Q2 2024 - Record revenue and profit growth fueled by higher gold output and global expansion.600547
Q4 2024 - Q1 2025 saw strong profit and revenue growth on higher gold prices and robust gold sales.600547
Q1 2025
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Next Shandong Gold Mining earnings date
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