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Zijin Mining Profit Jumps 15-fold in First Quarter
Apr 19,2017 11:38CST
Source:SMM
Zijin Mining Group released its earnings report for the first quarter of the year April 18, and expects net profit to rise 1,400-1,500% year-on-year to 1 billion yuan.

SHANGHAI, Apr. 19 (SMM) - Zijin Mining Group released its earnings report for the first quarter of the year April 18, and expects net profit to rise 1,400-1,500% year-on-year to 1 billion yuan.

The company’s copper and zinc output and sales were both up on a yearly basis, and non-recurring income increased noticeably. Metals prices advanced on a yearly basis in the first quarter. 

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