Jinduicheng Molybdenum (SHA:601958) recorded a net profit attributable to shareholders of almost 688 million yuan for the third quarter of the year, dropping 18.5% from the previous year, according to a Shanghai Stock Exchange filing on Monday.

Earnings per share fell 18.7% year on year to 0.213 yuan.

The Chinese molybdenum producer generated an operating income worth 3.50 billion yuan in the same period, up 4.8% from a year earlier, the filing said.

The company's shares slipped less than 2% in recent trade.

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