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Chifeng Gold Guides H1 2026 Profit Up 54-61%, Offsets Gold Price Pullback

2026-07-18 12:16:04

CHIFENG GOLD-7.80%

According to its latest interim results announcement, Chifeng Gold (06693, 600988.SH) expects net profit of 1.7 billion to 1.78 billion yuan for the first half of 2026, up 54 percent to 61 percent year-over-year. The company attributed the surge primarily to a 43 percent year-over-year increase in gold sales prices, supported by enhanced production and operational management. Second-quarter net profit is projected at 712 million to 792 million yuan, down 19 percent to 27 percent sequentially, reflecting recent gold price weakness and scheduled maintenance at certain mines.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Chifeng Gold (06693) Posts H1 2026 Profit Guidance of 1.7 to 1.78 Billion Yuan, Up 54%-61% YoY

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