Asia
Jinduicheng Molybdenum's Q1 Profit Jumps 33%, Revenue Rises 27%
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.
SHA:601958
