3 stories mentioning SHE:000878Updated 26d ago
Every FINWIRES story that references SHE:000878, newest first.
Yunnan Copper (SHE:000878) raised 500 million yuan via the issue of bonds due May 2029.The three-year bonds hold an interest rate of 1.75%, according to a weekend filing with the Shenzhen bourse.Shanghai Pudong Development Bank served as lead underwriter, while China Everbright Bank was joint lead underwriter:Shares of the copper producer closed 1% higher Monday.
Yunnan Copper (SHE:000878) subsidiary Chifeng Yunnan Copper paid 512.3 million yuan in back taxes and late fees after its high-tech enterprise qualification was revoked retroactively to 2022.The payment includes 357.0 million yuan in value-added tax benefits, 44.6 million yuan in surcharges and 110.7 million yuan in penalties. No administrative fines were imposed.The payment will reduce Yunnan Copper's 2026 attributable net profit by about 203.4 million yuan.Shares of the copper producer fell 4% in recent trade.
Yunnan Copper (SHE:000878) posted first-quarter net profit of 675.4 million yuan, up 7.9% from 625.8 million yuan the previous year.Earnings per share climbed to 0.2874 yuan from 0.2769 yuan, according to a Friday filing with the Shenzhen bourse.Operating revenue rose 50% year over year to 53.0 billion yuan from 35.4 billion yuan.Shares of the copper producer rose 2% in recent trade.
