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.
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.
Zinc Ingot 99.995%min In warehouse Guangzhou
Unit:RMB/mt
China zinc powder producers' operating rate statistics by province by month
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