Zijin Mining's net profit up by 180% in H1 2017
2017-08-22 17:54:32 [Print]
Zijin Mining published its Semi-annual Result of 2017 on late 18
Gold
Zijin Mining produced 86,083kg of gold in H1 2017, down by 21.84% YOY . In specific, mines produced 18,856kg of gold, down by 7 . 77% YOY, and the group produced 67,227kg of gold by smelting and trading, down by 25 . 05% YOY.
In the first half of 2017, the gold sales of Zijin Mining accounted for 45.38% of the total gold operation revenue during the period, and the gross profit margin of the product accounted for 26 . 61% of total gross profit.
Silver
Zijin Mining produced 336,883kg of silver in H1 2017, up by 19.33% YOY . In specific, mines produced 122,710kg of silver, up by 10 . 89% YOY, and the group produced 214172kg of silver by smelting, up by 24 . 78% YOY . Sales of silver accounted for 5 . 10% of operation revenue while gross profit of silver made up 2 . 93% of the total gross profit.
Copper
Zijin Mining produced 310,589t of copper in H1 2017, up by 13.48% YOY . In specific, mines produced 91,535t of copper, up by 22 . 45% YOY . The group produced 219,054t of copper by smelting, up by 10 . 11% YOY, and specifically, Zijin Copper and Jilin Zijin Copper smelted 153,536t and 63,933t of copper respectively.
In the first half of 2017, the copper sales of Zijin Mining accounted for 26.06% of the operation revenue during the period, and the gross profit margin of the product accounted for 32 . 46% of total gross profit.
Lead and zinc
Zijin Mining produced 244,828t of zinc in H1 2017, up by 8.64% YOY . In specific, the group produced 141,906t of zinc, up by 15 . 42% YOY, and produced 19,329t of lead during the period, up by 6 . 38% YOY . Sales of lead and zinc accounted for 9 . 39% of operation revenue while gross profit of lead and zinc made up 24 . 27% of the total gross profit.
Iron concentrate
Zijin Mining produced 1.2901 million tons of iron concentrate in H1 2017, and did not produce in the same period of last year . Sales of iron accounted for 1 . 32% of operation revenue while gross profit of iron made up 5 . 20% of the total gross profit.
. In H1 2017, the company realized sales revenue of RMB37 . 524 billion, down by 3 . 51% YOY; net profit attributable to shareholders of parent company of RMB1 . 505 billion, up by 179 . 63% YOY. Gold
Zijin Mining produced 86,083kg of gold in H1 2017, down by 21.84% YOY . In specific, mines produced 18,856kg of gold, down by 7 . 77% YOY, and the group produced 67,227kg of gold by smelting and trading, down by 25 . 05% YOY.
In the first half of 2017, the gold sales of Zijin Mining accounted for 45.38% of the total gold operation revenue during the period, and the gross profit margin of the product accounted for 26 . 61% of total gross profit.
Silver
Zijin Mining produced 336,883kg of silver in H1 2017, up by 19.33% YOY . In specific, mines produced 122,710kg of silver, up by 10 . 89% YOY, and the group produced 214172kg of silver by smelting, up by 24 . 78% YOY . Sales of silver accounted for 5 . 10% of operation revenue while gross profit of silver made up 2 . 93% of the total gross profit.
Copper
Zijin Mining produced 310,589t of copper in H1 2017, up by 13.48% YOY . In specific, mines produced 91,535t of copper, up by 22 . 45% YOY . The group produced 219,054t of copper by smelting, up by 10 . 11% YOY, and specifically, Zijin Copper and Jilin Zijin Copper smelted 153,536t and 63,933t of copper respectively.
In the first half of 2017, the copper sales of Zijin Mining accounted for 26.06% of the operation revenue during the period, and the gross profit margin of the product accounted for 32 . 46% of total gross profit.
Lead and zinc
Zijin Mining produced 244,828t of zinc in H1 2017, up by 8.64% YOY . In specific, the group produced 141,906t of zinc, up by 15 . 42% YOY, and produced 19,329t of lead during the period, up by 6 . 38% YOY . Sales of lead and zinc accounted for 9 . 39% of operation revenue while gross profit of lead and zinc made up 24 . 27% of the total gross profit.
Iron concentrate
Zijin Mining produced 1.2901 million tons of iron concentrate in H1 2017, and did not produce in the same period of last year . Sales of iron accounted for 1 . 32% of operation revenue while gross profit of iron made up 5 . 20% of the total gross profit.