China Gold International Resources Reports 2025 Third Quarter Results - Record High Quarterly Net Profit in Two Consecutive Quarters
(TheNewswire)
VA NCOU VE R, November 13 , 202 5 – TheNewswire- C h i n a G o l d I n t e rn a ti o na l R es o u r c es C o rp . L t d . ( T S X : C G G; H KE X : 2099 ) (“ C h i n a G o ld I n t e r na t i ona l R es o u r c e s ” o rt h e “ C o m p a n y ” ) report s financialand operational results for the three months (“ Q 3 ” or “ third quarter ”) and nine months(“ nine months ”) ended September 30,202 5 . This news releaseshould be read in conjunction with the Company’s FinancialStatements, Notes to the Financial Statements and Management’sDiscussion and Analysis (“ MD&A ”).
For detailed information, please read the Company’sFinancial Statements and MD&A which are available on SEDAR’swebsite at www.sedar.com, The Stock Exchange of Hong Kong Limited’swebsite at www.hkex.com.hk, the Company's website atwww.chinagoldintl.com, or call the Company at +1-604-609-0598 andemail to info@chinagoldintl.com.
202 5 THIRD QUARTER OPERATION AND FINANCIAL HIGHLIGHTS
Revenue increased by 36% to US$345.0 million fromUS$254.6 million for the same period in 2024.
Mine operating earnings of US$197.0 million, increasedby US$150.2 million from mine operating earnings of US$46.8 millionfor the same period in 2024.
Net profit of US$142.3 million increased by US$114.4million from US$27.9 million for the same period in 2024, achievingnew records for the highest quarterly net profit in two consecutivequarters.
Cash flow from operation of US$234.7 million, increasedfrom US$156.2 million for the same period in 2024.
Total gold production decreased by 18% to 41,150 ouncesfrom 50,160 ounces for the same period in 2024.
Total copper production was 42.3 million pounds(approximately 19,204 tonnes) an increase from 38.3 million pounds(approximately 17,361 tonnes) for the same period in 2024.
202 5 NINE MONTHS OPERATION AND FINANCIALHIGHLIGHTS
Revenue increased by 100% to US$925.4 million fromUS$463.1 million for the same period in 2024.
Mine operating earnings of US$474.1 million, increased by US$409.3million from US$ 64.8 million for the same period in 2024.
Net profit of US$344.6 million increased by US$347.6million from net loss of US$3.0 million for the same period in2024.
Cash flow from operation of US$569.6 million, increasedfrom US$244.2 million for the same period in 2024.
Total gold production increased by 27% to 129,350ounces from 102,245 ounces for the same period in 2024.
Total copper production was 119.3 million pounds(approximately 54,127 tonnes) an increase from 61.5 million pounds(approximately 27,909 tonnes) for the same period in 2024.
The Company’s Chairman and CEO, Mr. Chenguang Hou,stated, “We achieved record-high net profits in two consecutivequarters, reaching the highest level to date. This not only validatesthe foresight behind our strategic decision-making, but alsodemonstrates a marked improvement in operational efficiency. Buildingon our team's relentless dedication and pursuit of excellence,China Gold International will capitalize on upcoming opportunities tosustain our leadership in the industry and further enhance our marketvalue.”
About China GoldInternational Resources
China Gold International Resources is a gold and basemetal mining company incorporated in BC, Canada and operates twomines, the CSH Gold Mine in Inner Mongolia, China and the JiamaCopper-Gold Polymetallic Mine in Tibet, China. The Company’sobjective is to build shareholder value through growing production atits current mining operations, expanding its resource base, andacquiring and developing new projects internationally. The Company islisted on the Toronto Stock Exchange (TSX: CGG) and the Main Board ofThe Stock Exchange of Hong Kong Limited (HKEx: 2099).
For further information on the Company, please refer toSEDAR’s website at www.sedar.com, The Stock Exchange of Hong KongLimited’s website at www.hkex.com.hk, the Company's website atwww.chinagoldintl.com, or call the Company at +1-604-609-0598 andemail to info@chinagoldintl.com.
Cautionary NoteAbout Forward-Looking Statements
Certain information regarding ChinaGold International Resources contained herein may constituteforward-looking statements within the meaning of applicable securitieslaws. Forward-looking statements may include estimates, plans,expectations, opinions, forecasts, projections, guidance or otherstatements that are not statements of fact. Although China GoldInternational Resources believes that the expectations reflected insuch forward-looking statements are reasonable, it can give noassurance that such expectations will prove to have been correct.China Gold International Resources cautions that actual performancewill be affected by a number of factors, most of which are beyond itscontrol, and that future events and results may vary substantiallyfrom what China Gold International Resources currently foresees.Factors that could cause actual results to differ materially fromthose in forward-looking statements include market prices,exploitation and exploration results, continued availability ofcapital and financing and general economic, market or businessconditions. The forward-looking statements are expressly qualified in their entirety bythis cautionary statement. The information contained herein is statedas of the current date and subject to change after that date.
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