Core Viewpoint - Lingbao Gold (03330) has shown a significant increase in stock price, rising over 3% to HKD 6.58, with a trading volume of HKD 42.1 million. The company is expected to achieve substantial revenue and profit growth in 2024, driven by improved performance in overseas mining and smelting operations [1][2]. Group 1: Financial Performance - In 2024, Lingbao Gold is projected to achieve operating revenue of CNY 11.87 billion, representing a year-on-year increase of 12.7% [1]. - The company is expected to realize a net profit attributable to shareholders of CNY 700 million, reflecting a year-on-year growth of 119.4% [1]. - For the second half of 2024, the operating revenue is anticipated to reach CNY 7.59 billion, with year-on-year and quarter-on-quarter increases of 61.5% and 77.3%, respectively [1]. - The net profit for the second half of 2024 is forecasted to be CNY 550 million, showing year-on-year and quarter-on-quarter growth of 175.0% and 260.3%, respectively [1]. - The profit figures are close to the upper limit of the company's previous forecasts, indicating a strong performance in overseas mining and smelting operations [1]. Group 2: Exploration and Production Plans - The company plans to drill 150,000 meters and conduct 270,000 meters of pit exploration by 2025, aiming to submit nearly 100 tons of gold metal reserves for filing by the end of 2026 [2]. - Lingbao Gold aims to maintain an annual growth rate of over 10% in mineral metal output from existing mines over the next five years [2]. - The target for gold production cost per gram is set at approximately CNY 300 (around USD 1,100 per ounce) for 2025, with a long-term goal to keep costs below USD 1,000 per ounce [2].
港股异动 | 灵宝黄金(03330)涨超3% 公司去年海外矿山和冶炼业务扭亏为盈 近日公布25年工作展望