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  • Zhongjin Lingnan Nonfemet expects net profits in 2017 first three quarters to grow by 388-449% YOY

    2017-10-13 18:10:04   [Print]
    BEIJING (Asian Metal0 13 Oct 17 - Zhongjin Lingnan Nonfemet announced on the evening of October 12 that the company expected its net profits attributable to listed shareholders to be RMB800-900 million for the first three quarters of 2017, up by 388-449% YOY, and the average growth rate for net profits of the nonferrous metal smelting industry is 105%.

    The company attributed the expected growth in its net profits to the following reasons: strengthened administration, strictly controlled production costs, and price increases for its main products lead metal and zinc metal in comparison to the same period of last year.

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    Zinc Die-casting Alloy Zamak-3 EXW China
    Unit:RMB/mt
    Zinc Die-casting Alloy Zamak-3 EXW China RMB/mt
    China zinc concentrate producers' sales volume statistics by province by month
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