[ET Net News Agency, 31 January 2018] Jiangxi Copper (00358) said it expects the
realised net profit attributable to the shareholders for year 2017 prepared in accordance
with the PRC Accounting Standards to increase by Rmb788 million to Rmb1,024 million as
compared with the corresponding period of the preceding year, that is a year-on-year
increase by 100% to 130%.
In 2017, the prices of the main metal products of Jiangxi Copper increased as compared
with the corresponding period of the preceding year, thereby improving its results. The
expected growth in profit was also due to the impact of the non-recurring profits and loss
items: the change in the income tax rate of Jiangxi Copper in the current period and the
provision for assets impairment and losses. (HL)
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00358 JIANGXI COPPER
Nominal 
15.840 +0.080 (+0.508%) Others
31/01/2018 08:29
Jiangxi Copper sees annual net profit to rise 100-130%
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