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Home / Metal News / Xinjiang Xinxin Expects Drop in H1 Earnings

Xinjiang Xinxin Expects Drop in H1 Earnings

iconJul 22, 2009 00:00
Source:上海有色金属网

HONG KONG, July 22 -- Xinjiang Xinxin Mining Industry Co Ltd (3833.HK: Quote) said on Wednesday it expected to see a significant drop in first-half profit due to declining prices of nickel and copper products.

    The company said the fall in product prices was mainly due to a dramatic decline in international non-ferrous metal prices in 2008 despite a moderate rebound in the first half of 2009. It gave no further details.

    (Source: Reuters)

 

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