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3330 — Lingbao Gold News Story

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Lingbao Gold rises as H1 profit jumps on higher gold, silver prices

BUZZ-Lingbao Gold rises as H1 profit jumps on higher gold, silver prices

** Shares of Lingbao Gold Group 3330.HK rise 5.5% to HK$24.36, on course for the biggest one-day pct gain since August 21

** Stock set to snap three straight falling sessions

** Chinese gold miner said H1 profit attributable jumped 46.5% y/y to 972.4 million yuan ($144.68 million) with revenue up 2.5% y/y to 7.99 billion yuan

** Growth was due to an increase in prices of the company's products, including gold, silver, copper and sulphuric acid, among others - Co

** YTD, stock up 32.8%, while benchmark Hang Seng Index .HSI down 0.4%

($1 = 6.7211 Chinese yuan renminbi)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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