Zhongjin Gold Corp. (600489) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 reached ¥35.07 billion, up 22.90% year-over-year; net profit attributable to shareholders was ¥2.69 billion, up 54.64% year-over-year.

• Operating cash flow turned positive to ¥102 million from a negative ¥574 million in H1 2024.

• The company continued to strengthen production management, cost control, and R&D, with labor productivity and R&D intensity both increasing.

• Major investments in resource expansion and key mining projects were advanced, with significant capital deployed in ongoing construction.

Financial highlights

• Operating income: ¥35.07 billion, up 22.90% year-over-year.

• Net profit attributable to shareholders: ¥2.69 billion, up 54.64% year-over-year.

• Basic and diluted EPS: ¥0.56, up 55.56% year-over-year.

• Gross margin improved, and total assets increased to ¥61.58 billion, up 10.68% from year-end 2024.

• Operating cash flow: ¥102 million, a significant improvement from the prior year.

Outlook and guidance

• The company will continue to focus on high-quality growth, resource expansion, and cost control.

• Ongoing efforts to enhance R&D, production efficiency, and investor returns are expected to support full-year targets.