Chifeng Jilong Gold Mining (600988) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached RMB 3.37 billion, up 66.39% year-over-year; YTD revenue was RMB 8.64 billion, up 38.91% year-over-year.

• Net profit attributable to shareholders for Q3 was RMB 951 million, up 140.98% year-over-year; YTD net profit was RMB 2.06 billion, up 86.21% year-over-year.

• Strong performance driven by stable gold production and significant gold price increases.

Financial highlights

• Q3 total profit was RMB 1.43 billion, up 115.45% year-over-year; YTD total profit was RMB 3.29 billion, up 79.26%.

• Operating cash flow for Q3 was RMB 1.42 billion, up 150.43% year-over-year; YTD operating cash flow was RMB 3.04 billion, up 51.54%.

• Basic and diluted EPS for Q3 were RMB 0.50, up 108.33% year-over-year; YTD EPS was RMB 1.14, up 70.15%.

• Net assets attributable to shareholders at period end were RMB 12.52 billion, up 58.15% from last year.

Outlook and guidance

• Growth attributed to enhanced production management and operational efficiency, with gold output stable and benefiting from higher gold prices.