Hong Kong Stock Movers: WANGUO GOLD GP Surges Over 4% on Profit Alert, Expects Mid-Year Net Profit to Rise 46.4% to 53.1%

Stock News
Aug 05

WANGUO GOLD GP (03939) shares surged over 4% following a positive profit alert, trading up 3.29% at HK$10.68 as of the time of writing, with a turnover of HK$11.541 million.

On August 4, the company announced that it expects to record a profit attributable to owners of the company of approximately RMB 880 million to RMB 920 million for the six months ending June 30, 2026. This represents an increase of approximately 46.4% to 53.1% compared to the profit attributable to owners of the company of approximately RMB 601 million for the six months ending June 30, 2025. According to information currently available to the board, the expected increase in profit attributable to owners of the company is primarily due to business growth.

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