Chihong Zn&Ge Net Profit Skyrockets 3,150.76% in First Half on Excellent Lead and Zinc, SMM Reports

Telah Terbit: Jul 18, 2017 16:56 (GMT+8)
Yunnan-based Chihong Zn & Ge co.’s net profit belonging to listed shareholders jumped 3,150.76% year-on-year in the first half of the year, according to the company’s earnings report.

SHANGHAI, Jun. 18 (SMM) - Yunnan-based Chihong Zn & Ge co.’s net profit belonging to listed shareholders jumped 3,150.76% year-on-year in the first half of the year, according to the company’s earnings report.

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Its excellent performance is due mainly to higher lead and zinc prices and increased sales for lead and zinc products.

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Its gross revenue increased 51.28% year-on-year. Operating income rose  1,869.14% year-on-year and total profit gained 1,348.53% on a yearly basis. 

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Chihong Zn&Ge Net Profit Skyrockets 3,150.76% in First Half on Excellent Lead and Zinc, SMM Reports - Shanghai Metals Market (SMM)