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Zijin Mining posts Q1 net profit up 40%
(Xinhua)
Updated: 2010-04-21 09:26
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BEIJING: China's largest gold miner Zijin Mining Group Co said Tuesday its first quarter net profit rose 40 percent year on year to 1.28 billion yuan ($180 million).
It said its strong performance partly stemmed from rising copper and zinc sales in the first quarter, which jumped 28.34 percent and 50.79 percent year on year respectively.
The Fujian-based company reaped 3.54 billion yuan in net profits last year, up 17.8 percent year on year.
Its stock edged up 1.81 percent to 8.46 yuan per share Tuesday.
