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Home / Metal News / Newssummary: Yuguang Gold and Lead Gains RMB 70.08 million Government Grant in 2015

Newssummary: Yuguang Gold and Lead Gains RMB 70.08 million Government Grant in 2015

iconMay 21, 2015 15:42
Source:SMM
Yuguang Gold & Lead got RMB 70.08 million government subsidy recently, the company’s website reported.
SHANGHAI, May 21 (SMM) - Yuguang Gold & Lead got RMB 70.08 million government subsidy in 2015, the company’s website reported.

The fourth government grant the company got is RMB 7.92 million. Those grants are mainly used for environment protection. In Q1 2015, the company’s net profit is RMB -1060 million (non-recurring gains and losses excluded) but turns to RMB 4.3 million thanks to government subsidy.

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