According to Zhitong Finance App News, Datang Gold (08299) issued an announcement. According to its review of the Group's unaudited management accounts for the six months ended September 30, 2026 (period) and the Group's data currently available to the board of directors, the Group is expected to obtain a total profit attributable to the Company's owners of about HK$208 million during the period ending September 30, 2025 (corresponding period).

The Board believes that the expected increase is mainly due to the following factors: the increase in the average gold grade of minerals mined during the period; and the confirmation of a one-time non-cash gain of approximately HK$141 million in respect of the acquisition.

This performance was achieved despite a 47% drop in earnings, which was mainly due to a slowdown in refinery production. Gold prices continued to fall during most of the reporting period, leading to operating losses in the refining business. As a result, management intended to reduce refinery throughput to reduce financial risk and mitigate further losses.

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