Hunan silver: third quarter net profit 65.33 million yuan, an increase of 688%

On October 24th, Hunan Baiyin released the third quarter report of 2024. The company achieved operating income of 5.386 billion yuan in the first three quarters, an increase of 54.77% year-on-year; the net profit attributable to shareholders of listed companies was 123 million yuan, an increase of 747.55% year-on-year. The third quarter achieved operating income of 2.046 billion yuan, an increase of 37.62% year-on-year; the net profit attributable to shareholders of listed companies was 65.3256 million yuan, an increase of 688.39% year-on-year. The company said that the growth was mainly due to the expansion of business chain and the increase in advance payment after the acquisition of Baoshan Mining.