Hailiang Group Sees Sharp Growth in Copper Processing Business in H1

SHANGHAI, Sept. 1 (SMM) – Hailiang Group reported copper processing product sales at 203,600 tonnes in the first half of the year, up 64.86% YoY.

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This was contributed by 70,500-tonne growth in product sales in three bases of Golden Dragon Precise Copper Tube Group, entrusted by Hailiang Group. The revenues from copper processing business surged by 45.84% to 7.13 billion yuan ($ 1.07 billion) in H1 with gross margin up 0.14%.

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