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Zhongjin Lingnan Nonfemet Net Profit Jumps 11-Fold in H1 2017
Aug 28, 2017 10:39Source:SMM
Shenzhen Zhongjin Lingnan Nonfemet Co.’s net profit of the parent company was 552 million yuan, up 1,168% on a yearly basis, or 0.25 yuan per share, according to its semiannual report.
SHANGHAI, Aug. 28 (SMM) - Shenzhen Zhongjin Lingnan Nonfemet Co.’s net profit of the parent company was 552 million yuan, up 1,168% on a yearly basis, or 0.25 yuan per share, according to its semiannual report.
Its business revenue was 9.878 billion yuan in the first half of the year, up 67.90% year-on-year.
Prices of the company’s major products increased in H1 2017 due to supply-side reform and economic recovery.
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