CHIFENG GOLD(SH:600988)2024-07-11 09:22Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 700 million and 740 million RMB, representing a year-on-year increase of 124.39% to 137.21%[2] - The net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is expected to be between 630 million and 670 million RMB, reflecting a year-on-year increase of 69.36% to 80.11%[2] - The net profit for the same period last year was 311.96 million RMB, and the net profit after deducting non-recurring gains and losses was 371.99 million RMB[4] Factors Influencing Profit Increase - The increase in profit is primarily due to higher gold production and sales prices compared to the same period last year[5] - The company has effectively controlled production costs through ongoing cost reduction measures[5] - The sale of 140,855,864 shares of TIETTO MINERALS LIMITED by the company's wholly-owned subsidiary is expected to positively impact net profit by approximately 78.44 million RMB[5] Forecast Accuracy and Data Reliability - The company does not foresee any significant uncertainties that could affect the accuracy of this performance forecast[6] - The financial data provided is preliminary and subject to change upon the official release of the 2024 semi-annual report[6]