Chihong Zn & Ge: Net Profit Skyrockets 31-Fold in First Half of 2017 thanks to Lead and Zinc

Published: Aug 22, 2017 13:43

Save

Chihong Zn & Ge’s net profit of listed shareholders jumped 3,148.50% year-on-year to 545 million yuan in H1 2017, according to its semiannual report.

SHANGHAI, Aug. 22 (SMM) - Chihong Zn & Ge’s net profit of listed shareholders jumped 3,148.50% year-on-year to 545 million yuan in H1 2017, according to its semiannual report.

Jianxin Mining Net Profit Jumps 3-Fold in H1 2017

Business revenue increased 51.28% to 9.161 billion yuan.

Yunnan Luoping Zinc & Electricity Posts 133% Rise in Net Profit in First Half of 2017

Prices for lead and zinc products rose in the first half of 2017. The company increased sales of self-made lead and zinc smelting products. Moreover, trade income also grew compared to the same period of last year.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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

Chihong Zn & Ge zinc lead zinc price lead price profit

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

19 hours ago

Camel Group Unveils New 5-Year Strategic Plan Focused on Battery Ecosystem Expansion

[Lead-acid Battery Enterprise Updates] It was reported that Camel Group stated on its investor platform that the company has released a new five-year strategic plan. Centered on the "battery ecosystem" strategy, the plan is expected to drive the coordinated development of four major business segments: lead-acid batteries, low-voltage lithium batteries, battery recycling, and the battery industry chain. Core strategic initiatives include: expanding the automotive low-voltage lead-acid battery business, strengthening the automotive low-voltage lithium battery business, optimizing the battery recycling business, and deepening and broadening the battery industry chain business.

19 hours ago

Tianneng Co. Granted New Patent for Battery Acid-filling Pot Improvement

[Lead-acid Battery Enterprise Updates] It was reported that Tianneng Co., Ltd. (688819) was newly granted a utility model patent titled "A Bubble-guiding Sheet for Battery Acid-filling Pot and Battery Acid-filling Pot," with patent application number CN202521044278.9 and an authorization date of May 15, 2026.

19 hours ago

Yuguang Group Advances in High-Purity Metals for Semiconductor Industry

[Lead Smelter Updates] Recently, Yuguang Gold and Lead Group stated on an investor platform that the company is actively advancing its pan-semiconductor high-purity metal materials project. It has successfully produced 7N-grade high-purity indium, tellurium, and other products, and has been conducting trial use and business negotiations with multiple downstream clients. The company's development strategy focuses on technological innovation and industry chain extension in the new materials sector, enhancing core competitiveness through independent R&D.

19 hours ago