Metals News
Sino-Platinum Reports 11.4% Rise in H1 Net Profit
company news
04:39PM
Aug 21,2014
Source:SMM

SHANGHAI, Aug.21 (SMM) – Sino-Platinum Metals Co.’s net profit in H1 2014 climbed 11.4% year-on-year to 41.82 million yuan ($ 6.79 million), as its major businesses continued to grow, the company told Shanghai Stock Exchange.

Sino-Platinum, a company engaging in precious metal materials production and trading, has garnered considerable attention due to its focus on environmentally-friendly materials, especially precious metals used in catalytic converter.

The company’s profit margin from its environmental precious metal material and catalyst material business increased 0.38 percentage point in the first six months, to 10.78%.

Sino-Platinum will continue to press forward with construction of its new precious metal material production base, resource recycling base, and upgrade its precious metal-supported catalysts.
 

Sino-Platinum Metals Co.
2014 H1 results
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