China Gold International Resources (HKG:2099) turned to an attributable profit of $86 million in the first quarter from a loss of $26 million in the year-ago period, according to a Friday filing with the Hong Kong bourse.
The mining company turned to earnings per share of $0.2145 from a loss per share of $0.0663 in the prior-year period.
Revenue surged to $273.1 million from $60.5 million in the year-ago period.
Meanwhile, gold production at its CSH mine is seen to range between 77,162 ounces and 83,592 ounces, or between 2.4 tonnes and 2.6 tonnes in 2025.
Copper production at its Jiama mine is forecast to range 139 million pounds to 148 million pounds, or 63,000 tonnes to 67,000 tonnes for the year, while gold production is forecast at between 69,124 ounces and 73,947 ounces, or 2.15 tonnes and 2.3 tonnes in 2025.
The company also appointed BDO as its auditor, according to a separate filing. Deloitte stepped down after 15 years of service.
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