Zijin Mining Reports 2.77% Fall in Copper Profit in H1-Shanghai Metals Market

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Zijin Mining Reports 2.77% Fall in Copper Profit in H1

Company News 11:36:59AM Sep 21, 2015 Source:SMM

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. 

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 Reports 2.77% Fall in Copper Profit in H1

Company News 11:36:59AM Sep 21, 2015 Source:SMM

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. 

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.