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Yunnan Copper Sees Profit down 17-36% in H1 on Falling Copper and Sulfuric Acid Price

iconJul 15, 2016 14:58
Source:SMM
Yunnan Copper Co. said its business revenue fall year-on-year in the first half of 2016 due to falling refined copper and sulfuric acid prices.

SHANGHAI, Jul. 15 (SMM) – Yunnan Copper Co. said its business revenue fall year-on-year in the first half of 2016 due to falling refined copper and sulfuric acid prices, as well as increasing expenditure on interest rate, SMM understands.

Net profit of listed shareholders were 10-13 million yuan during January-June 2016, or 0.007-0.009 yuan per share, compared with 0.011 yuan per share in the same period of last year. 

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Yunnan Copper Co.
business revenue
copper prices
sulfuric acid prices

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