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Korea Zinc First-Quarter Net Rises 14% to 193 Billion Won

Investing News Network
Apr. 25, 2011 04:55PM PST
Base Metals Investing

Bloomberg reports that Korea Zinc Co. (SEO:010130) reports a 14 percent gain in first-quarter profit.

Bloomberg reports that Korea Zinc Co. (SEO:010130) reports a 14 percent gain in first-quarter profit.

The market news is quoted as saying:

Zinc and lead make up about 60 percent of Korea Zinc’s sales, with by-products including copper, gold and silver accounting for the balance. Korea Zinc, which earns about 70 percent of its revenue from exports, processes zinc ore for a fee linked to London Metal Exchange metal prices.

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