Zijin Mining Expects 20% Climb in Net Profit H1 2015

Jul 17, 2015 09:26

Source:SMM

Zijin Mining Group Co. estimated the company’s net profit in the first half of 2015 should increase some 20% on the year.

SHANGHAI, Jul. 17 (SMM) – Zijin Mining Group Co. estimated the company’s net profit in the first half of 2015 should increase some 20% on the year, according to the company’s announcement filed to Hong Kong Stock Exchange.

The company expects its profit to hit about 1.11 billion yuan ($181 million), and ascribed the profit growth to cost control efforts, effective measures of hedging and enhanced productivity.

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Zijin Mining Group

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Zijin Mining Expects 20% Climb in Net Profit H1 2015

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