Silvercorp FY27 Q1 net income more than doubled to US$59.38 million; revenue rises 70% to US$138.67 million
SVM•Cash flow and operating costs
Cash flow from operating activities increases 28% to US$61.68 million; free cash flow grows 27% to US$28.6 million.
All-in sustaining cost per ounce of silver, net of by-product credits, rises 36% to US$18.38; cash cost edges up 20% to US$1.33.
Quarterly results improve sharply
Silvercorp Metals posts net income attributable to equity shareholders of US$59.38 million, up 228%, on revenue of US$138.67 million, up 70%.
Adjusted net income attributable to equity shareholders rises to US$53.93 million, up 156%; adjusted EBITDA attributable to equity shareholders climbs to US$77.28 million, up 121%.
China operations suspended for safety upgrades
China operations voluntarily suspended from mid-June for “Six Major Safety Systems” upgrades; production is expected to be affected in Q2 fiscal 2027.
