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    copper investing

    Jiangxi Copper Second-Half Net Gains 158% on Rising Demand

    Written by Investing News Network
    |
    Mar. 29, 2011 02:41PM PST

    Bloomberg reports that Jiangxi Copper Co. (SHA:600373) posted a 158 percent increase in second-half profit.

    Bloomberg reports that Jiangxi Copper Co. (SHA:600373) posted a 158 percent increase in second-half profit.

    The market news is quoted as saying:

    Net income rose to 2.79 billion yuan ($425 million) in the six months ended Dec. 31 from 1.11 billion yuan a year earlier. The result was derived by deducting the six-month figures from full-year profit released today on the Shanghai stock exchange, based on international accounting standards.

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