Xingye Silver & Tin Mining Forecasts Q3 Profit to Decline Up to 14%; Shares Slide 4%

MT Newswires Live10-15

Inner Mongolia Xingye Silver & Tin Mining (SHE:000426) expects its attributable profit to fall 11% to 14% to between 366.6 million yuan and 466.6 million yuan in the third quarter from 410.4 million yuan in the year-ago period.

EPS is expected to decline to between 0.1995 yuan and 0.2540 yuan from 0.2234 yuan a year earlier, according to a Tuesday filing with the Shenzhen Stock Exchange.

Shares slid 4% during Tuesday's trading.

Price (RMB): Â¥12.60, Change: Â¥-0.53, Percent Change: -4.04%

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