Hong Kong Stocks Movement | China Gold International (02099) Surges Nearly 4% to New High Following Turnaround to $200 Million Profit in First Half

Deep News
Aug 15

China Gold International (02099) climbed nearly 4%, reaching a new high of HK$79.9. As of press time, the stock gained 3.79% to HK$79.35, with trading volume of HK$185 million.

On the news front, China Gold International released its interim results for the six months ended June 30, 2025, showing sales revenue of $580 million, representing a 178.36% year-over-year increase. Mining operating profit reached $277 million, surging 1443.71% compared to the same period last year. The company recorded a net profit attributable to shareholders of $200 million, compared to a loss of $31.674 million in the corresponding period of the previous year, marking a successful turnaround from loss to profit. Basic earnings per share stood at 50.53 US cents.

According to the announcement, the average realized gold selling price increased by 35% from $2,285 per ounce in the first six months of 2024 to $3,094 per ounce in the same period of 2025. The Changshanhao mine achieved gold sales of 52,893 ounces (gold production: 45,829 ounces), compared to 39,951 ounces (gold production: 40,257 ounces) in the same period of 2024.

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