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CNMC Goldmine’s 2Q earnings surge to record $6.3 mil

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CNMC Goldmine’s 2Q earnings surge to record $6.3 mil

Jude Chan Published on Wed, Aug 10, 2016 / 6:14 PM GMT+8

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SINGAPORE (Aug 10): CNMC Goldmine Holdings posted record high earnings of US$4.7 million ($6.3 million) in 2Q16, up 30.9% from US$3.6 million registered in the same quarter last year.

Revenue surged 34.6% to US$12.6 million, from US$9.4 million in 2Q15.

CNMC says 2Q saw its highest quarterly revenue and net profit since the start of the company’s gold production in July 2010.