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China Gold International Resources Reports Record Net Profit in Q1 2026
VANCOUVER, BC — May 14, 2026 — Leads & Copy — China Gold International Resources Corp. Ltd. (TSX: CGG; HKEX: 2099) has released its financial and operational results for the first quarter of 2026.
The company's financial statements and Management’s Discussion and Analysis (“MD&A”) are available on SEDAR’s website, The Stock Exchange of Hong Kong Limited’s website, and the company's website.
Key financial highlights for the first quarter include a 66% increase in revenue to US$453.2 million, up from US$273.1 million in the same period of 2025. Mine operating earnings increased by US$175.1 million to US$292.8 million, compared to US$117.7 million for the same period in 2025. Net profit rose by US$150.4 million to US$236.4 million, a substantial increase from US$86.0 million in the first quarter of 2025.
This marks the first time the Company's quarterly net profit has exceeded US$200 million.
Cash flow from operations increased to US$268.7 million, up from US$143.5 million for the same period in 2025.
Total gold production decreased by 22% to 34,820 ounces from 44,797 ounces for the same period in 2025. Total copper production saw a slight increase to 37.5 million pounds (approximately 17,030 tonnes), compared to 37.3 million pounds (approximately 16,911 tonnes) in the first quarter of 2025.
Mr. Chenguang Hou, Chairman and CEO of China Gold International Resources, stated that the company maintained a positive growth trajectory in the first quarter, achieving a record-high quarterly net profit. He noted that benefiting from elevated metal prices and stable operations, the company delivered robust revenue growth and profitability, providing a solid foundation for executing its strategy for the full year.
China Gold International Resources is a gold and base metal mining company incorporated in BC, Canada, operating the Chang Shan Hao Gold Mine in Inner Mongolia, China, and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The company aims to build shareholder value through production growth, resource base expansion, and the acquisition and development of new projects internationally. It is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEX: 2099).
More information is available on SEDAR’s website, The Stock Exchange of Hong Kong Limited’s website and the Company's website, or by calling the Company and email.