China NFC Posts 40.87% Rise in Net Profit as Nonferrous Metal Exploration Jumps

SHANGHAI, Aug. 25 (SMM) – China Non-ferrous Metal Industry’s Foreign Engineering and Construction Co.’s (NFC) net profit belonging to listed shareholders increased 40.87% year-on-year to 174.432 million yuan, according to its semiannual report released August 25.

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Its business revenue increased 27.44% year-on-year to 10,087.728 million yuan.

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Of its major business, exploration of nonferrous metals resources grew noticeably. Other businesses were steady. 

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