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China Zinc Producer Sihuan Posts Sharp Rise in Profit in First Half on Technical Reform

iconAug 4, 2017 10:46
Source:SMM
Sihuan Zinc & Germanium Technology Co.’s net profit increased 19.37% on a yearly basis to 31.45 million yuan in the first half of 2017.

SHANGHAI, Aug. 4 (SMM) - Sihuan Zinc & Germanium Technology Co.’s net profit increased 19.37% on a yearly basis to 31.45 million yuan in the first half of 2017.

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Its profit jumped due mainly to technical reform which helped expanded production.

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Sales revenue jumped 80.87% to 893 million yuan because of higher zinc prices, better market, production expansion and technical reform. 

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