Buoyed by High Gold Prices, China's Zhongjin Gold Posts CNY 5.689 Billion First-Three-Quarter Profit, Surpassing Full-Year 2025 Total - BigGo Finance

AI desk brief

Zhongjin Gold reported first-three-quarter net profit attributable to shareholders of CNY 5.689bn, up 54.64% YoY and already above its full-year 2025 total, as average gold prices rose sharply through the period. Revenue rose 23.37% to CNY 66.592bn, but mined gold output fell 6.66% YoY to 12.83 tonnes, showing profits are being driven by price leverage rather than volume growth.

Third-quarter momentum weakened as gold prices pulled back from their September spike: Q3 net profit was CNY 1.332bn, down 32.6% versus Q2, while mined gold output fell about 19% sequentially to 3.69 tonnes. The company has completed roughly 68.6% of its full-year gold output target, and the report flags sector-wide pressure from softer prices and shrinking mine output.