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China Shen Zhou Reports 318% Increase in Revenue for Second Quarter 2011
Aug. 16, 2011 01:42PM PST
Base Metals Investing China Shen Zhou Mining & Resources, Inc. (AMEX:SHZ) reports financial results for the second quarter and six months ended June 30, 2011.
China Shen Zhou Mining & Resources, Inc. (AMEX:SHZ) reports financial results for the second quarter and six months ended June 30, 2011.
The press release is quoted as saying:
Second quarter net sales increased $6.9 million or 318% to a quarterly record of approximately $9.1 million compared to the prior year’s period. The increase in net sales was mainly due to higher selling price and sales volume of fluorite powder in the second quarter of 2011 and increased sales revenue from nonferrous metal.
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