Zijin Gold International Reports H1 Net Profit of US$1.451 Billion, Up 179% YoY
Nashnova编辑部
Zijin Gold International (02259.HK) reported H1 net profit of US$1.451 billion, nearly tripling year-on-year, driven by a 37% jump in controlled-mine gold output and an average selling price of US$4,643 per ounce.
What are the headline numbers?
H1 revenue hit US$3.987 billion, up 99.67% year-on-year; net profit attributable to owners reached US$1.451 billion, up 178.83%.
Earnings per share came in at US$0.54; the board proposed an interim dividend of HK$1.50 per share.
This means → the company is returning real cash to shareholders rather than retaining all profits for reinvestment.
What drove profit to nearly triple?
Gold output totalled roughly 27.3 tonnes, with controlled mines contributing about 26.0 tonnes — up approximately 37% year-on-year.
Gold sales volume was about 26.1 tonnes at an average price of roughly US$4,643 per ounce.
In plain terms = the surge is a classic volume-plus-price story — 37% more gold mined, sold at historically elevated prices, and the two factors compounded into outsized profit growth.
How did the legacy mines perform?
Buriticá, Rosebel, Left Bank, and Aurora all recorded year-on-year output increases and stable operations.
This reflects ongoing capacity release from existing assets — the growth is not solely acquisition-dependent.
How much did the new acquisitions contribute?
Akyem mine in Ghana (acquired April 2025) and Ridgold mine in Kazakhstan (acquired October 2025) are now fully integrated into group operations.
The company flagged both as "significant sources" of this period's output and profit growth.
This means → last year's acquisition spending is already showing up on the income statement — the new mines have moved from the spending phase into the earning phase.
Content is for reference only, not financial advice.