Metal Products News
- Yunnan Tin profit surges almost 600%
Date: 2-Aug-2007 Sources: (Shenzhen Daily)
YUNNAN Tin Co., the world's largest producer of the metal, said yesterday its first-half profit surged almost 600 percent after tin prices and sales increased.
Net income surged to 259.9 million yuan (US$34 million), or 0.484 yuan a share, from a revised 45.2 million yuan, or 0.084 yuan a share, a year earlier, based on Chinese accounting standards, the Shenzhen-listed company said. The company, based in southwestern China's Yunnan Province, didn't give sales figures.
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