-- Lingbao Gold (HKG:3330) expects to post a net profit of not less than 250 million yuan for the first quarter of 2026, broadly stable from a year earlier, according to a Tuesday Hong Kong bourse filing.
Shares of the gold miner were up nearly 1% in Wednesday morning trade.
The company said steady operations and higher gold prices supported performance during the period.
However, profit was offset by a non-cash loss of about 260 million yuan from fair value changes in convertible bonds, the filing said.
The firm said the impact is one-off in nature and does not affect underlying operations or cash flow.