Jiangxi Copper net profit surges 49% y-o-y in Q1

摘要

Jiangxi Copper reported strong net profit during the first quarter of2016, the Shanghai and Hong Kong dual-listed company said in astatement filed to both exchange on Friday April 29.China’s largest copper producer posted a net profit of 201 millionyuan ($31 million) during the January-March period, compared with135 million yuan during the same time of 2015, up 49% year-on-year.Jiangxi Copper’s share price on the Shanghai Stock Exchange wasup 1.2% to 14 yuan per share as of 11:03am Shanghai time.