CITIC Dameng Lost RMB 63.64 million in the First Three Quarters

  • Tuesday, November 4, 2014
  • Source:ferro-alloys.com

  • Keywords:Mn metal, Manganese metal, EMM, electrolytic manganese，SeO2
[Fellow]According to the latest financial report released in Hong Kong Exchanges, CITIC Dameng Mining Industries Ltd (CITIC Dameng) lost

[Ferro-alloys.com] According to the latest financial report released in Hong Kong Exchanges, CITIC Dameng Mining Industries Ltd (CITIC Dameng) lost RMB 63.64 million (USD1.03million) in the first three quarters of 2014. Its gross business income was RMB 1.8299 billion (USD0.295 billion) this period. CITIC Dameng lost RMB 74.15 million in the first half year. Accordingly, it was estimated it achieved profitability in the third quarter.

CITIC Dameng is the second largest EMM manufacturer of China and it was listed in Hong Kong Exchanges in late 2010. The company fell into consecutive loss in 2012.

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  • [Editor:Mike.zhang]

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