Metal Products News
- Yunnan News
Date: 23-Apr-2007 Sources: (Shenzhen Daily)
YUNNAN Tin Ltd., China's largest tin producer, said Friday first-half net profit in 2007 could rise more than 700 percent due to price increases on the base metal.
Yunnan Tin generated a net profit of 33.15 million yuan (US$4.30 million), or 0.0617 yuan per share, for the first half of 2006. International tin prices have more than doubled since the end of 2005 to trade at US$13,500 a ton Thursday. Mainland-listed companies are required to make a public announcement if they expect earnings to rise or tumble 50 percent or more.
Sponsor Results:
