
403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
China's Zijin Mining reports 180% increase in net profit
(MENAFN) The largest gold producer in China, Zijin Mining Group, had reported that its net profit had increased 180% in H1 over increase in metal prices and high demand.
The Shanghai Stock Exchange reported that net profit of Zijing Mining reached USD225mln (1.5b yuan) for the first six months in the year, higher from previous year by 538mln yuan.
The company's output of gold dropped 7.8% ti 18,856 kg in H1 of 2017, while that of copper and zinc reached 22.5% and 15.4%, respectively.
Overall, Zijin Mining expected demand for metals to increase in H2 and global copper and zinc prices to keep rising.
The Shanghai Stock Exchange reported that net profit of Zijing Mining reached USD225mln (1.5b yuan) for the first six months in the year, higher from previous year by 538mln yuan.
The company's output of gold dropped 7.8% ti 18,856 kg in H1 of 2017, while that of copper and zinc reached 22.5% and 15.4%, respectively.
Overall, Zijin Mining expected demand for metals to increase in H2 and global copper and zinc prices to keep rising.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Over US$13 Billion Have Trusted Pendle, Becoming One Of The Largest Defi Protocols On Crypto
- Tapbit At TOKEN2049: Reshaping The Crypto Landscape Through Product Innovation
- Bydfi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement
- Dupoin Reports Global Growth, Regulatory Coverage, And User Experience Insights
- Superiorstar Prosperity Group Russell Hawthorne Highlights New Machine Learning Risk Framework
- WBTC Strengthens Its Role As Multichain Standard For Bitcoin In Defi
Comments
No comment