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Zijin Mining Reports 2.77% Fall in Copper Profit in H1

iconSep 21, 2015 11:36
Source:SMM
Zijin Mining’s profit from copper products fell 2.77% year-on-year to 2.39 million yuan in the first half of 2015, according to the company’s mid-year earnings report.

SHANGHAI, Sept. 21 (SMM) -Zijin Mining’s profit from copper products fell 2.77% year-on-year to 2.39 million yuan in the first half of 2015, according to the company’s mid-year earnings report. Sales costs were 16,368 yuan per tonne, down 5.41% year-on-year. Gross margin was 47.06%, down 4.96% year-on-year.

The company increased copper output. Its business income was 38.83 billion in the first half of the year, up 61.9% year-on-year. 

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Zijin Mining Group Co.
copper supply
copper output
profit margins

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