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Zhongjin Lingnan Profit Seen Rising 10-Fold in First Quarter on Higher Metal Prices

Author:Site  Source:Network  Click to rate:1273  Post time:2017-06-13

SHANGHAI, Jun. 13 (SMM) – Shenzhen Zhongjin Lingnan Nonfemet Co. expects its profit to increase 1,048.15%-1,277.78% to 500-600 million yuan in the first half of the year, compared to 43.548 million yuan during the same period of last year, according to the company’s report.

Prices for lead and zinc, major business of the company, rose in first half of 2017. Besides, it enhanced management and strictly control operation cost.

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