Inner Mongolia Xingye Silver & Tin Mining (SHE:000426) expects net profit attributable to shareholders in the first half to soar by 169% to 198% year on year to a range of 2.14 billion yuan to 2.37 billion yuan, according to Shenzhen bourse filing on Tuesday.
The attributable profit a year earlier was 795.7 million yuan.
Earnings per share is expected to rise to between 1.21 yuan and 1.33 yuan from 0.45 yuan in the previous year.
The mining company's shares jumped 5% at the close.
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