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Luoping Zinc Power's first-half net profit of-152 million yuan plummeted 2156.17% compared with the same period last year.
Sep 2,2020 15:07CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM9 March 2: recently, Yunnan Luoping Zinc Power Co., Ltd. released its semi-annual report for 2020. During the reporting period, Luoping Zinc Power achieved an operating income of 527.3513 million yuan, down 38.86% from 862.4929 million yuan in the same period last year, mainly due to the current period affected by the COVID-19 epidemic, the global economic downturn, zinc prices have been falling, and the company's zinc product output and sales volume have decreased compared with the same period last year. The net profit belonging to shareholders of listed companies was-152 million yuan, down 2156.17% from the same period last year.

From January to June 2020, the company completed a total output of 32736.69 tons of zinc water, zinc ingots and zinc alloys, including 4307.857 tons of zinc ingots, 13743.58 tons of zinc water and 14685.253 tons of zinc alloy.

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