News Column

Tongling Nonferrous Metals H1 Net down 25.95%

September 1, 2014

SHANGHAI, September 1, SinoCast -- Tongling Nonferrous Metals posts that it gained CNY 40.53 billion incomes in the first half, up 18.62% year on year; it made CNY 223 million net profits, down 25.95%; it achieved CNY 0.16 earnings per share.

The company produced 22733 tons of copper concentrate in the first half, down 7.5%; its gold output was up 3.6%, silver output down 14.33%, iron concentrate output down 5.92% and pyrite output down 5.06%; it produced 87420 tons of copper products, up 142.24%.

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Source: Sinocast Metals, Mining & Chemicals Beat (China)

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