Zijin Mining Announces Record Profits and Shareholder Dividend

Zijin Mining Group Co (HK:2899) has released an update.

Zijin Mining Group Co., Ltd. has reported a significant increase in net profit for the first half of 2024, estimating a rise of 41%-50% from the previous year, with a record production of copper and gold. The company is set to reward shareholders with an interim dividend of RMB1 per 10 shares, aligning with its commitment to distribute at least 30% of its cumulative distributable profits from 2023 to 2025. This move reflects Zijin Mining’s adherence to the Shanghai Stock Exchange’s initiative for quality and efficiency improvement and is part of its ongoing efforts to enhance investor value.

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