Sihuan Zinc & Germanium gets net profit of RMB31.44 million in H1 2017
2017-08-08 17:55:47 [Print]
Sihuan Zinc & Germanium released Semi-annual Performance of 2017 on 3 August. During the report period, Sihuan Zinc & Germanium realized the revenue of RMB893 million, up by 80.87% YOY; net profit attributable to shareholders of RMB31.44 million, up by 19.37% YOY.
According to the report, zinc metal prices increased with the picking up market, and the company expanded production scale and improved production technology during the report period, resulting in increased revenue for the company. The company put technical improvement project into production in H1 2017, leading to expanded production scale, so the net profit increased in H1 2017.
Sihuan Zinc & Germanium was listed on NEEQ on 8 August 2016 and is in the innovation layer. The company mainly engages in smelting and calendaring of nonferrous metals.
According to the report, zinc metal prices increased with the picking up market, and the company expanded production scale and improved production technology during the report period, resulting in increased revenue for the company. The company put technical improvement project into production in H1 2017, leading to expanded production scale, so the net profit increased in H1 2017.
Sihuan Zinc & Germanium was listed on NEEQ on 8 August 2016 and is in the innovation layer. The company mainly engages in smelting and calendaring of nonferrous metals.
Germanium Metal 99.99%min Delivered US
Unit:USD/kg
China germanium metal producers' inventory statistics by province by month
Unit: kg
