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(From Asia Pulse)
BEIJING, Aug 29 Asia Pulse - Shandong Gold Mining Co. Ltd (SSX:600547) in east China's Shandong Province realized 2.249 billion yuan (US$277.6 million) of core business revenue in the first half of this year, up 1156.87 per cent year-on-year.
The company's semi-annual report indicates that during the period, the firm achieved the core business profits of 59 million yuan and a net profit of 34 million yuan, up 23.01 per cent and 5.5 per cent year-on-year respectively.
Shandong Gold Mining attributes the growth of its core business revenue to the growing demand for gold on the world market.
It is reported that the company …