Korea Zinc Q2 Net Profit Slipped by 13%
Korea Zinc Company Q2 profit dipped 13% beating analysts’ estimates, on lower prices. For full story, click here
Korea Zinc Company Q2 profit dipped 13% beating analysts’ estimates, on lower prices. For full story, click here
Sterlite Industries Ltd, a subsidiary of Anil Agarwal promoted Vedanta Resources plc, on Wednesday declared a dip in net profit by 41.56%, largely on account of lower zinc prices. For full story, click here
Korea Zinc Company Q2 profit dipped 13% beating analysts’ estimates, on lower prices. For full story, click here
Sterlite Industries, the nation’s leading copper and zinc producer, declared a 41 percent dip in first-quarter profit after prices fell. For full story, click here
Hindustan Zinc, part of Vedanta Resources, on Wednesday declared that its first quarter Net Profit slipped 15.2% due to a sharp fall in metal prices on London Metal Exchange. For full story, click here
Canadian base-metals producer HudBay Minerals announced that it has posted a C$4-million net loss for the first quarter of 2009, compared with C$216-million profit a year earlier. For full story, click here
Inmet Mining declared its first-quarter profit dip 52 percent, hit hard by a year-over-year decline in copper and zinc prices. For full story, click here
The net profit of Shenzhen Stock Exchange-listed Zhongjin Lingnan Nonfemet Co Ltd, a major Chinese zinc smelter, declined by 65.73%YoY to CNY 400.39 million in 2008. For full story, click here
Hindustan Zinc will declare its Q4FY09 standalone numbers. According to CNBC-TV18 estimates, its net profit is expected to go down by 67%. For full story, click here
Base metal prices have toned down a little after a week long climb as investors booked profit. However, demand may soon outshine supply at the London Metal Exchange. Metals including zinc have in the past few months fell sharply from their multi-year highs. For full story, click here
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