Asia
Western Mining Q1 Profit Jumps 96%, Revenue Rises 13%
Western Mining (SHA:601168) posted first-quarter attributable net profit of 1.59 billion yuan, up 96% from 807.8 million yuan the previous year.Earnings per share rose to 0.67 yuan from 0.34 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue climbed 13% year over year to 18.7 billion yuan from 16.5 billion yuan.Shares of the miner were up 6% Wednesday.
SHA:601168