China Gold International Resources Reports 2025 Second Quarter and First Half Results - Record High Quarterly Net Profit
Thenewswire·2025-08-14 23:00

Core Insights - China Gold International Resources Corp. achieved record financial performance in Q2 2025, with the highest quarterly net profit in the company's history, reflecting the effectiveness of its strategy and execution [3] Financial Highlights for Q2 2025 - Revenue increased by 108% to US$307.3 million from US$148.0 million in Q2 2024 [4] - Mine operating earnings rose to US$159.4 million, up US$130.0 million from US$29.4 million in Q2 2024 [4] - Net profit reached US$116.3 million, an increase of US$121.1 million from a net loss of US$4.8 million in Q2 2024, marking a new record [4] - Cash flow from operations was US$191.3 million, up from US$80.9 million in Q2 2024 [4] - Total gold production increased by 38% to 43,403 ounces from 31,373 ounces in Q2 2024 [4] - Total copper production was 39.7 million pounds (approximately 18,013 tonnes), up from 18.6 million pounds (approximately 8,454 tonnes) in Q2 2024 [4] Financial Highlights for First Half 2025 - Revenue increased by 178% to US$580.4 million from US$208.5 million in the first half of 2024 [4] - Mine operating earnings rose to US$277.1 million, an increase of US$259.2 million from US$17.9 million in the first half of 2024 [4] - Net profit reached US$202.3 million, up US$233.2 million from a net loss of US$30.9 million in the first half of 2024 [4] - Cash flow from operations was US$334.8 million, up from US$88.1 million in the first half of 2024 [4] - Total gold production increased by 69% to 88,200 ounces from 52,087 ounces in the first half of 2024 [4] - Total copper production was 77.0 million pounds (approximately 34,924 tonnes), up from 23.3 million pounds (approximately 10,547 tonnes) in the first half of 2024 [4] Company Overview - China Gold International Resources is a gold and base metal mining company based in British Columbia, Canada, operating the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Gold Polymetallic Mine in Tibet [5] - The company's objective is to enhance shareholder value through increased production, resource expansion, and new project development [5]