Xinye Stock Reports 68% YoY Net Profit Jump to RMB 998 Million in H1 2024, Driven by Strong Non-ferrous Metal Production

Published: Aug 27, 2024 17:19

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[SMM Flash] Xinye Stock released its semi-annual report for 2024, achieving operating revenue of RMB 18.775 billion in the first half of the year, with a net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses reaching RMB 998 million, up 67.95% year-on-year; basic earnings per share were RMB 0.4806. Xinye Stock strengthened its development momentum through coordinated mining, beneficiation, and smelting operations, and improved operational quality and efficiency through lean management. The company's total non-ferrous metal production in the first half of the year was 185,200 tonnes, including 68,800 tonnes of zinc.

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