China Gold International Resources (CGG) Q2 2026 earnings summary

Executive summary

• Achieved record high revenue and net profit for both the second quarter and first half of 2026, driven by strong operational execution and resource advantages.

• Management emphasizes disciplined execution and a strategy focused on maximizing long-term shareholder returns.

Financial highlights

• Q2 2026 revenue rose 50% year-over-year to $461.0 million; first half revenue up 58% to $914.2 million.

• Q2 net profit increased 137% year-over-year to $275.8 million; first half net profit up 153% to $512.1 million.

• Q2 mine operating earnings grew to $327.3 million, up from $159.4 million year-over-year; first half mine operating earnings reached $620.1 million, up from $277.1 million.

• Q2 cash flow from operations was $286.5 million, up from $191.3 million; first half cash flow from operations was $555.2 million, up from $334.8 million.

Segment performance

• Total gold production in Q2 decreased 14% year-over-year to 37,498 ounces; first half gold production down 18% to 72,317 ounces.

• Total copper production in Q2 increased slightly to 41.1 million pounds; first half copper production up to 78.6 million pounds.