BEIJING, Feb. 16 (Xinhua) -- China's major gold producer Zijin Mining Group Co., Ltd (601899.SH; 02899.HK) said on Tuesday that its net profits for 2015 amounted to 1.688 billion yuan, down 28.01 percent year on year.
According to a filing to the stock exchange, its operating revenue in 2015 stood at 74.556 billion yuan, up 26.88 percent year on year.
The company attributed its net decline to the fall in metal prices, poor sales of its iron ore concentrates, and impairment of some assets.
Meanwhile, the company unveiled its production targets for 2016.
The following table shows details of Zijin Mining's production targets for 2016.
|
Item |
Target output in 2016 (tonne) |
Change on year (percent) |
|
Gold |
42.5 |
Up 15 |
|
Copper |
155,000 |
Up 3 |
|
Zinc and lead |
270,000 |
Up 22 |
|
Other mineral products |
30,000 |
--- |
(Edited by Hu Pingchao, hupingchao@xinhua.org)
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