Yunnan Aluminum’s Losses Worsen in H1 2014

SHANGHAI, Jul. 15 (SMM) –Yunnan Aluminum Co., reported a loss of 290-298 million yuan ($47-48 million) or 0.188-0.194 yuan per share during the first half of 2014, the company said in its H1’s financial report. 

During the same period last year, the company posted a loss of 128.68 million yuan or 0.084 yuan per share. The bigger loss for H1 2014 was due to tumbled aluminum prices during the report period, the company said.