Shenghe Resources and Zhongjin Gold Expect Higher Nine-Month Profits
Shenghe Resources expects nine-month net profit up 39.7-56.2% year on year, while Zhongjin Gold guides to a 50.1-57.7% increase, per Newsmetry API.
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what happened
Shenghe Resources Holding Co Ltd said its net profit for the first nine months is set to rise 39.7% to 56.2% year on year. Zhongjin Gold Corp Ltd forecast a 50.1% to 57.7% increase in net profit for the same period compared with a year earlier.
Both preliminary statements were reported by Newsmetry API on October 15, 2026.
why it matters
Preliminary profit estimates from Chinese mining companies help investors gauge the state of the raw materials sector, including rare earths and gold. On their own, these figures do not indicate where commodity prices are heading.
tags
instruments
sources
- Shenghe Resources Sees 9-Month Net Profit Up 39.7-56.2% Y/Y — Newsmetry API, 15 October 2026 at 09:09 UTC
- Zhongjin Gold Sees 9-Month Net Profit Up 50.1-57.7% Y/Y — Newsmetry API, 15 October 2026 at 09:08 UTC
- Tongkun Sees 9-Month Net Profit Up 332.6-358.5% Y/Y — Newsmetry API, 15 October 2026 at 09:21 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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