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Home / Metal News / Zhongjin Lingnan Profit Seen Rising 10-Fold in First Quarter on Higher Metal Prices

Zhongjin Lingnan Profit Seen Rising 10-Fold in First Quarter on Higher Metal Prices

Jun 13, 2017 11:00

Source:SMM

Shenzhen Zhongjin Lingnan Nonfemet Co. expects its profit to increase 1,048.15%-1,277.78% to 500-600 million yuan in the first half of the year.

SHANGHAI, Jun. 13 (SMM) – Shenzhen Zhongjin Lingnan Nonfemet Co. expects its profit to increase 1,048.15%-1,277.78% to 500-600 million yuan in the first half of the year, compared to 43.548 million yuan during the same period of last year, according to the company’s report.

Prices for lead and zinc, major business of the company, rose in first half of 2017. Besides, it enhanced management and strictly control operation cost.

JP Morgan: Copper Prices to Weaken to $5,000 by Year-End as Ore Supplies Grow

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Zhongjin Lingnan Nonfemet Co.

profit

zinc

zinc output

zinc ore output

lead

zinc prices

lead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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