Yunnan Copper Q1 Profit Up 8%, Revenue Rises 50%

MT Newswires Live04-24

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.

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