Jump in earnings
By Pan Xiaoyi |
April 23, 2010, Friday
|
Print Edition
Print Edition
JIANGXI Copper, China's biggest copper producer, said its first-quarter profit more than quadrupled from a year ago due to increased output and higher metal prices.
Net profit for the first three months soared 360 percent to 697.5 million yuan (US$102 million) from 151.8 million yuan in the same period last year. Revenue surged 61 percent to 15.9 billion yuan, the firm said in a statement to Shanghai Stock Exchange yesterday.
However, the sparkling performance slightly missed expectations, China International Capital Corp wrote. But the research house was optimistic copper prices will continue to rise.
Net profit for the first three months soared 360 percent to 697.5 million yuan (US$102 million) from 151.8 million yuan in the same period last year. Revenue surged 61 percent to 15.9 billion yuan, the firm said in a statement to Shanghai Stock Exchange yesterday.
However, the sparkling performance slightly missed expectations, China International Capital Corp wrote. But the research house was optimistic copper prices will continue to rise.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
