Summary by Futu AI
JiHai Resource Group Limited ('JiHai Resource') announced its interim results for the six months ended June 30, 2024, showing significant growth in revenue and net profit. Revenue increased from RMB 196,659,000 in the same period of 2023 to RMB 236,173,000, representing a growth of 20.1%. Net profit also increased dramatically from RMB 52,769,000 to RMB 78,867,000, a growth of 49.5%. The attributable profit to the owners of the parent company also increased from RMB 37,261,000 to RMB 57,284,000, with a growth of 53.7%. Basic and diluted earnings per share increased from RMB 0.02 to RMB 0.03. In addition, JiHai Resource declared an interim dividend of HKD 0.0295 per ordinary share, with a total amount of approximately HKD 59,000,000, to be paid on September 25, 2024. The company operates in the business of golden minerals extraction, processing, and sales, actively expanding its business through additional exploration activities and selective acquisition of golden minerals assets. JiHai Resource also plans to utilize the net proceeds of approximately HKD 218.3 million from the global offering for business expansion and optimization of mine infrastructure.
