3 China Zinc Producers to See Net Profit Skyrocket over 10-Fold in First Half, SMM Reports

Published: Jul 21, 2017 12:55
Seven Chinese zinc companies have released their earnings reports for the first half of 2017, and three of them expect to see net profit rise over 10-fold, SMM noted.

SHANGHAI, Jul. 21 (SMM) - Seven Chinese zinc companies have released their earnings reports for the first half of 2017, and three of them expect to see net profit rise over 10-fold, SMM noted.

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

Net profit at Chihong Zn&Ge Co., Shenzhen Zhongjin Lingnan Nonfemet and Xinxing Mining Co. is expected to increase over 10-fold on a yearly basis. Only one of the seven companies reports lower profit.

Zijin Mining Net Profit Shoots up in First Half on Well-behaved Metals

Higher zinc prices lifted selling prices of their products. Meanwhile, their sales also increased after the industry picked up.

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

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Domestic Supply Pressure Remained High, and the Center of SHFE Zinc Moved Lower [SMM Daily Zinc Commentary]
13 hours ago
Domestic Supply Pressure Remained High, and the Center of SHFE Zinc Moved Lower [SMM Daily Zinc Commentary]
Read More
Domestic Supply Pressure Remained High, and the Center of SHFE Zinc Moved Lower [SMM Daily Zinc Commentary]
Domestic Supply Pressure Remained High, and the Center of SHFE Zinc Moved Lower [SMM Daily Zinc Commentary]
[China’s Supply Pressure Remained Relatively High, and the Center of SHFE Zinc Shifted Lower]: The most-traded SHFE zinc 2604 contract opened at 24,415 yuan/mt. In early trading, bulls reduced open interest, and SHFE zinc fluctuated downward to a low below 24,350 yuan/mt. As downward momentum proved insufficient, the center of SHFE zinc moved higher. It finally closed down at 24,385 yuan/mt, down 39 yuan/mt, or 0.12%. Trading volume fell to 74,804 lots, and open interest decreased by 527 lots to 74,220 lots.
13 hours ago
Data: SHFE, DCE market movement (Mar 11)
14 hours ago
Data: SHFE, DCE market movement (Mar 11)
Read More
Data: SHFE, DCE market movement (Mar 11)
Data: SHFE, DCE market movement (Mar 11)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Mar , 2026
14 hours ago
Growth in Zinc Concentrate Production Outside China Is Set to Slow Sharply in 2026?
16 hours ago
Growth in Zinc Concentrate Production Outside China Is Set to Slow Sharply in 2026?
Read More
Growth in Zinc Concentrate Production Outside China Is Set to Slow Sharply in 2026?
Growth in Zinc Concentrate Production Outside China Is Set to Slow Sharply in 2026?
After returning from the Chinese New Year holiday, Q4 reports from listed miners outside China have been released one after another recently. 2025 was a period of concentrated release of new capacity at mines outside China. What was the specific situation? What are the expectations for 2026? Let us analyze it by enterprise.
16 hours ago
3 China Zinc Producers to See Net Profit Skyrocket over 10-Fold in First Half, SMM Reports - Shanghai Metals Market (SMM)