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Bloomberg reported that Jiangxi Copper’s (SHA:600362) first quarter profit dropped 9.6 percent due to lower prices.
Bloomberg reported that Jiangxi Copper’s (SHA:600362) first quarter profit dropped 9.6 percent due to lower prices.
As quoted in the market news:
Net income declined to 1.43 billion yuan ($227 million), or 0.41 yuan a share, for the three months ended March 31 from 1.59 billion yuan, or 0.46 yuan, a year ago, the Guixi, Jiangxi province-based company said today in a statement to the Shanghai stock exchange, citing Chinese accounting standards. Sales climbed 14 percent to 28.8 billion yuan.
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COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2337.93 | +0.46 | |
Silver | 27.18 | +0.02 | |
Copper | 4.59 | +0.05 | |
Oil | 83.66 | +0.09 | |
Heating Oil | 2.56 | 0.00 | |
Natural Gas | 1.92 | +0.28 |
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