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Jinduicheng Molybdenum's Q1 Profit Jumps 33%, Revenue Rises 27%

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-- Jinduicheng Molybdenum's (SHA:601958) net profit attributable to shareholders in the first quarter jumped 33% year on year to 901.6 million yuan, or 0.279 yuan per share, according to a Wednesday disclosure on Shanghai filing.

The attributable profit a year earlier was almost 678 million yuan, or 0.210 yuan per share.

Operating revenue rose 27% to 4.16 billion yuan from 3.28 billion yuan in the previous year.

The Chinese molybdenum miner's shares jumped less than 7% at the close.

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