Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-15 15:48Core Viewpoint - The company, Shandong Gold Mining Co., Ltd., anticipates a significant increase in net profit for the first three quarters of 2025, driven by optimized production and rising gold prices [1][2]. Performance Forecast - The company expects a net profit attributable to shareholders of the parent company to be between 3.8 billion and 4.1 billion yuan for the first three quarters of 2025, representing an increase of 1.73 billion to 2.03 billion yuan compared to the same period last year, which is a year-on-year increase of 83.9% to 98.5% [2][3]. - The forecasted net profit, excluding non-recurring gains and losses, is expected to be between 3.78 billion and 4.08 billion yuan, reflecting an increase of 1.69 billion to 1.99 billion yuan year-on-year, or an increase of 80.5% to 94.8% [2][3]. Previous Year Performance - For the same period last year, the net profit attributable to shareholders of the parent company was 2.066 billion yuan, while the net profit after excluding non-recurring gains and losses was 2.094 billion yuan [3]. Reasons for Profit Increase - The company attributes the expected profit increase to several factors, including optimized production layout, enhanced core technology, improved management efficiency, and the rising price of gold. The company has also increased investment in various infrastructure projects and adjusted mining grades to utilize low-grade ore resources effectively [4]. - Additionally, the company is transitioning from outsourced mining operations to self-operated ones, which will further enhance production capabilities and support sustainable development in line with its "14th Five-Year Plan" [4].