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    Silvercorp Reaches Record Fiscal Net Income

    Investing News Network
    May. 18, 2012 12:06PM PST
    Silver Investing

    Mineweb reported that Silvercorp (NYSE:SVM) reported it had a record earnings year even though profits dropped in the last quarter.

    Mineweb reported that Silvercorp (NYSE:SVM) reported it had a record earnings year even though profits dropped in the last quarter.

    As quoted in the market news:

    Net income was $74 million on $238 million revenue. Silvercorp produced 5.6 million ounces silver and said it was the sixth straight year of production growth.

    Click here to read the full Mineweb report.

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