Brief: Tongguan Gold Group Ltd Sees Revenue Of HK$677 Mln For HY
17/08/2023 12:07
Aug 17 (Reuters) - Tongguan Gold Group Ltd 0340.HK :
* SEES REVENUE OF HK$677 MILLION FOR HY
* SEES NET PROFIT HK$16 MILLION FOR HY
* EXPECTED DECREASE IN NET PROFIT DUE TO LOWER AVERAGE GOLD
GRADE
OF ORE PER TONNE MINED, AMONG OTHERS
* EXPECTED INCREASE IN REVENUE DUE TO EXPANSION OF GOLD
RELATED
BUSINESS INTO GOLD RECYCLING BUSINESS SINCE SECOND HALF OF 2022
Further company coverage: 0340.HK
((Reuters.Briefs@thomsonreuters.com;))
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