Chihong Zn&Ge Net Profit Skyrockets 3,150.76% in First Half on Excellent Lead and Zinc, SMM Reports

Published: Jul 18, 2017 16:56
Yunnan-based Chihong Zn & Ge co.’s net profit belonging to listed shareholders jumped 3,150.76% year-on-year in the first half of the year, according to the company’s earnings report.

SHANGHAI, Jun. 18 (SMM) - Yunnan-based Chihong Zn & Ge co.’s net profit belonging to listed shareholders jumped 3,150.76% year-on-year in the first half of the year, according to the company’s earnings report.

Hubei Finds Massive Copper, Iron Ore Reserves in First Half

Its excellent performance is due mainly to higher lead and zinc prices and increased sales for lead and zinc products.

Silicon Metal Plants in Yunnan Hike Guide Price Further This Week, SMM Reports

Its gross revenue increased 51.28% year-on-year. Operating income rose  1,869.14% year-on-year and total profit gained 1,348.53% on a yearly basis. 

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Chihong Zn&Ge Net Profit Skyrockets 3,150.76% in First Half on Excellent Lead and Zinc, SMM Reports - Shanghai Metals Market (SMM)