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Western Mining reports profit as markets breach 6000
By STAFF WRITER
Published: October 16, 2007 12:00 PM
Western Mining Co, a Chinese metal producer whose shares have more than quadrupled since it went public in July, reported operating revenues of US$725.03 million (RMB5.45 billion) and net profit of US$169.11 million (RMB1.27 billion) in the first three quarters of the year, the China Securities Journal reported. No year-on-year comparative figures were given. Revenues in the July-to-September quarter were US$264.98 million (RMB1.99 billion) while profits were US$55.66 million (RMB418 ...
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