Yintai Resources' net profit up by 17.55% to RMB100 million in H1 of 2017
2017-08-02 17:18:24 [Print]
Yintai Resources published the semi-annual report of 2017 on the evening of 31 July that prices for its main products such as silver, lead and zinc picked up compared with the same period of last year with the recovering nonferrous industry in H1. According to the report, the company realized the operating income of RMB430.5975 million, up by 32.40% YOY, including the sales income of concentrate ore of RMB345.029 million and the sales income of metal trade of RMB85.1912 million. Its operating profit was RMB173.2176 million, up by 18.93% YOY, and the net profit attributable to owners of its parent companies was RMB104.103 million, up by 17.55% YOY.
During the reporting period, supported by shareholders and adhering to focusing on the mining development, the company management strengthens the operation management of Yulong Mining, its holding subsidiary and formulated clear production and management targets for Yulong Mining early this year, in a bid to urge it to speed up the production of its mines, carry out innovation and synergy work and complete mining and dressing tasks smoothly; Yulong Mining realized the net profit of RMB191.6453 million during the period, up by 11.54 YOY.
During the reporting period, supported by shareholders and adhering to focusing on the mining development, the company management strengthens the operation management of Yulong Mining, its holding subsidiary and formulated clear production and management targets for Yulong Mining early this year, in a bid to urge it to speed up the production of its mines, carry out innovation and synergy work and complete mining and dressing tasks smoothly; Yulong Mining realized the net profit of RMB191.6453 million during the period, up by 11.54 YOY.
Zinc Oxide 99.7%min EXW China
Unit:RMB/mt
China zinc oxide producers' sales volume statistics by province by month
Unit: mt
