Yunnan Tin Co., Ltd.
(Public, SHE:000960) - Add to Portfolio - Discuss 000960 Find more
results for SHE:000960
80.88
+0.08 (0.10%)
Oct 19 - Close Open: 80.90 Mkt Cap: 43.42B
P/E: 98.84 Dividend: N/A
High: 82.99 52Wk High: 2,400.00 F P/E:
N/A Yield: N/A
Low: 75.49 52Wk Low: 75.49 Beta: N/A
Shares: 536.86M
Vol: 4.95M Avg Vol: N/A EPS: 0.82
Inst. Own: N/A
a.. Compare
b.. Settings
c..
a.. Link to chart
b.. Historical Prices
c..
Historical Prices
600362
000657
000962
600497
600432
600489
more »« less
Yunnan Tin's profits surge
Release date: 15 Oct 2007
Yunnan Tin Company reported an almost four-fold increase in
profits in the first nine months of 2007. Net income rose to 454 million yuan
($60 million), or 0.85 yuan a share, compared with 120 million yuan, or 0.22
yuan, a year ago, the Yunnan-based company said on 12 October in a preliminary
earnings statement to the Shenzhen Stock Exchange.
YTC, the only listed tin producer in China, has been one of
the top performing shares on the country's booming stock market this year,
increasing tenfold in price since the start of the year versus a 181% increase
in the benchmark CSI 300 index, according to Bloomberg.
Chinese spot tin prices have recently surged to 150,000
yuan ($20,000) per tonne as a result of strong demand from the solder sector
and constraints on metal production caused by concentrate shortages. CNIA data
shows that Chinese refined tin production in January-August was 97,223 tonnes,
up 7.1% on the same period of 2006, but output has fallen below year-ago levels
in every month since May.
<<link.gif>>
<<cleardot.gif>>
<<spc.gif>>
