Zijin Mining Expects 20% Climb in Net Profit H1 2015

Published: Jul 17, 2015 09:26

Save

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.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Zijin Mining Group

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn