Summary by Futu AI
In the first half of 2024, Zhaojin Mining achieved revenue of approximately 4.627 billion yuan, a year-on-year increase of 34.24%, with a net profit of approximately 0.726 billion yuan, a year-on-year increase of about 98.82%. The total gold production is around 13,178.35 kilograms, an increase of about 11.98% from the same period last year, and the total copper production is around 4,082 tons, an increase of about 54.15% from the same period last year. The net profit attributable to the shareholders of the parent company is approximately 0.553 billion yuan, a year-on-year increase of about 118.62%. The net asset per share is approximately 7.21 yuan, with a net asset return rate of about 2.96%. The board of directors does not recommend the distribution of interim dividends. During the period, Zhaojin Mining completed the tender offer acquisition of all the shares of Tietto Minerals Limited and successfully acquired a total of 90.52% equity on May 24, 2024. The impact of the acquisition on Zhaojin Mining's revenue and consolidated profit amounted to approximately 0.198 billion yuan and 18.214 million yuan respectively.
