Asia
Jinhui Mining Expects H1 Profit to Jump Up to 66%
Jinhui Mining (SHA:603132) expects its net profit attributable to owners in the first half to jump by between 58% and 66% year on year to a range of 400 million yuan to 420 million yuan, according to a Shanghai bourse filing on Wednesday.The forecasted rise was attributed to higher silver and zinc prices, as well as higher zinc concentrate sales compared to the previous year.The attributable profit a year earlier was 253.1 million yuan, while the earnings per share were 0.26 yuan.The Chinese mining company's shares dropped 6% at the close.
SHA:603132
