Shandong Gold Mining
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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.
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Q3 2026 earnings summary28 Oct, 2026

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.

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Frequently asked questions

Shandong Gold Mining Co., Ltd. is engaged in the exploration, mining, processing, and sale of gold and other precious metals. The company operates gold mines and produces gold ingots, as well as by-products such as silver and copper. Its operations serve the jewelry, investment, and industrial sectors. The company is headquartered in Jinan, China, and its shares are listed on the SSE and the HKEX.