China Kings Resources Group's H1 Profit Rises 33%

MT Newswires Live08-09

China Kings Resources Group's (SHA:603505) attributable profit rose 33% to 167.6 million yuan in the first half from 126.5 million yuan in the year-ago period, according to a Friday filing with the Shanghai Stock Exchange.

Earnings per share at the fluorite mining company increased 33% to 0.28 yuan from 0.21 yuan in the previous year.

Operating income more than doubled to 1.12 billion yuan from 558.8 million yuan a year earlier.

The company's shares fell past 1% in recent Friday trade.

Price (RMB): ¥25.62, Change: ¥-0.28, Percent Change: -1.08%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment