Hindustan Zinc Posts Better-Than-Expected Profit

Bloomberg reported that India’s largest zinc producer, Hindustan Zinc Ltd., reported a 54% gain in its Q4 profit. The company’s net income rose to $401 million.

As quoted in the news:

Earnings before interest and tax from zinc and lead climbed 37 percent to 15.6 billion rupees. Refined silver output increased 33 percent to 117 tons, while production of mined zinc rose 16 percent to 260,000 metric tons.

Click here to read the full Bloomberg report.