Jiangxi Copper's net profits likely to go up by 60-80% in H1 2017
2017-07-28 16:35:12 [Print]
According to the Financial Forecast Report in H1 2017 released by Jiangxi Copper on the evening of July 26th, its final department expected that its net profits attributable to shareholders of listed companies in the first half of 2017 will probably go up by 60-80% compared with the figure of RMB473,375,745 in the same period of last year.
The report noted that increased prices for its major metal products went up on year-on-year basis in the first half of 2017, which was the main reason for the increase of its financial performance.
Main business of Jiangxi Copper covers mining, dressing, smelting and processing of copper; extraction and processing for precious metal and dissipated metal as well as economy, trading and others. Having established a complete industrial chain integrated with exploration, mining, dressing, smelting and processing, Jiangxi Copper is a major production base for copper, gold, silver and sulfur chemical products.
The report noted that increased prices for its major metal products went up on year-on-year basis in the first half of 2017, which was the main reason for the increase of its financial performance.
Main business of Jiangxi Copper covers mining, dressing, smelting and processing of copper; extraction and processing for precious metal and dissipated metal as well as economy, trading and others. Having established a complete industrial chain integrated with exploration, mining, dressing, smelting and processing, Jiangxi Copper is a major production base for copper, gold, silver and sulfur chemical products.
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