Jiangxi Copper's Attributable Profit Jumps 35% in Q3; Shanghai Shares Rise 5%

MT Newswires Live

10/29

Jiangxi Copper's (SHA:600362, HKG:0358) attributable profit rose 35% to 1.85 billion yuan in the third quarter from 1.37 billion yuan, after adjustments, in the year-ago period, according to a Wednesday filing with the Shanghai bourse.

Basic earnings per share at the copper miner increased 35% to 0.54 yuan from 0.40 yuan in the prior-year period.

Revenue grew 14% year over year to 139.1 billion yuan from 121.9 billion yuan.

Shares surged 5% in Shanghai in late-morning trade on Wednesday.

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