Luoping Zinc & Electricity sees increases in prices and amount in Q1 of 2017
2017-04-27 17:14:40 [Print]
Luoping Zinc & Electricity (002114) published the first quarter report of 2017 on April 25th that it achieved the operating income of RMB239 million in Q1 of 2017, up by 198% YOY with RMB5.73 million of net profit and turned losses into gains as sale prices and volumes for lead concentrate, germanium concentrate and zinc ingot climbed up in Q1 of 2017 compared with those in the same period of last year and financial expense tumbled. The company expects to see RMB3-13milion of net profit in the first half of 2017 but faced to deficit in the first half of 2016.
Lead Conc. TC 50%min CIF China
Unit:USD/mt
China lead concentrate producers' inventory to production ratio statistics by province by month
Unit: %
