Changes in Hong Kong stocks | Lingbao Gold (03330) rose more than 5% in the intraday period and is expected to increase net profit by about 42% to 57% year-on-year in the first half of the year

The Zhitong Finance App learned that Lingbao Gold (03330) rose more than 5% in the intraday period. As of press release, it had risen 3.29% to HK$15.72, with a turnover of HK$236 million.

According to the news, Lingbao Gold made a profit last night. The Group expects to record revenue of about RMB 7.9 billion to RMB 8.1 billion for the six months ending June 30, 2026, an increase of about 1% to 4%; net profit of about 950 million yuan to 1.05 billion yuan, an increase of about 42% to 57% over the previous year. The net profit performance was due to the steady promotion of production and operation in the first half of the year, the strict implementation of cost reduction and efficiency measures, and the rise in the price of gold for major products; the Group completed a subscription transaction for 50% +1 shares of St Barbara Mining Pty Ltd (target company) on April 2, 2026. The target company's core asset was Simberi's gold production mine in Papua New Guinea.