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China’s Zhuzhou Smelter Reports Profit in H1 on Precious Metal Recovery
Jul 30,2014 10:42CST
company news
Source:SMM
Zhuzhou Smelter Group Co. registered a net profit of 9.37 million yuan ($1.52 million) in the first half of 2014, turning around from a 194-million-yuan loss in H1 2013.

SHANGHAI, Jul. 30 (SMM) – Zhuzhou Smelter Group Co. registered a net profit of 9.37 million yuan ($1.52 million) in the first half of 2014, turning around from a 194-million-yuan loss in H1 2013, it told Shanghai Stock Exchange.

The company upgraded its metal recovering processes in the first half, with output of gold, silver and indium growing 64.29%, 47.04%, and 89.16% YoY, respectively, largely contributing to its profitability.

Zhuzhou Smelter realized 7.26 billion yuan in operating revenue during the first six months, up 2.75% from a year ago. Its lead and zinc output totaled 319,000 mt, fulfilling 53.17% of its full-year production plan.
 

Zhuzhou Smelter Group Co.

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