On 21st August, Mr. Chen Jinghe, the Chairman of Zijin Mining, and Mr. LanFusheng, the President of the Company, hosted Zijin’s 2017 interim results announcement in Hongkong and Shanghai
Mr. Chenjinghe and Mr. Lan Fusheng reviewed the Company’s performance in the first half of 2017, and exchanged Zijin’s understandings on the macro-economic environment, metal prices trend as well as the operational performance, M&A and future strategy of the Company with analysts and investors.
In the first half of 2017, the Company’s revenue, attributable net profit, operating cash flow were RMB 37.52 billion, RMB 1.5 billion and RMB 3.3 billion respectively, among which the year on year growth of attributable new profit reached 180%. By 30th June, the total asset of the Company was RMB 94.88 billion. By 18th August, the price of A stock grew by 13% and H stock by 14% comparing with the beginning of this year.
Zijin’s performance received high attention and positive comments from analysts, investors and journalists. The development plan of core assets, internationalization and the progressing of Kamoa Copper Project were also spotlighted.
Mr. Fang Qixue and Ms. Lin Hongying, the Company’s vice-president, Ms. Liu Qiang, Secretary to Board, Mr. Fan Zhangwen, Company Secretary and Ms. Cai Xuelin, Deputy CFO, attended the meetings.
About Zijin Mining
Zijin Mining is a leading global metals and mining company and one of the world’s largest producers of gold, copper, and zinc. The company has more than 30 large-scale mining operations and projects across 19 countries on 5 continents. Leveraging strong in-house research, engineering, and development capabilities, Zijin maintains high operational efficiency and low costs in both acquisitions and operations. This enables the company to be an industry leader in value creation, underpinned by its philosophy of pursuing development for all and sustained by superior environmental, social, and governance performance. Zijin’s shares trade on the Hong Kong Stock Exchange (HKEX: 2899) and the Shanghai Stock Exchange (SSE: 601899).