After preliminary calculation, it is estimated that Shandong Gold Mining Co., Ltd. will realize a net profit attributable to the owners of the parent company of RMB 2,700 million to RMB 3,200 million for the period from 1 January 2024 to 31 December 2024, representing an increase of RMB 372 million to RMB 872 million as compared with the corresponding period of the previous year, or a year-on-year increase of 15.98% to 37.46%. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses will be RMB 2,725 million to RMB 3,225 million for the year 2024, representing an increase of RMB 512 million to RMB 1,012 million as compared with the corresponding period of the previous year, or a year-on-year increase of 23.14% to 45.73%. In the year 2024, the Company strengthened the role of strategic leadership, emphasized production organization, continuously optimized production layout, and strengthened technical management and technological innovation to enhance the production operation rate and resource utilization rate.
The Company continuously elevated the level of meticulous management and operational efficiency through technological innovation, process optimization, asset revitalization, centralized procurement and creation of benefits with policies. In addition, the rise in gold prices in the year 2024 also promoted the increase in the Company's profits.
