| China Natural Resources announces 13% earnings increase |
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issue time:2007-03-10 08:12
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Jan. 11, 2007 (China Knowledge) – China Natural Resources announced that its net profit for the first nine months of 2006 increased by 13.7% year-on-year, from RMB 34.1 million to RMB 39.51 million.
Announcing its unaudited results on Jan. 8 this year, the Nasdaq-listed China Natural Resources also said that its earnings per share was RMB 2.88.
With offices in Hong Kong and in the Hainan province, the company is engaged in a wide range of business. However, its active business operations are in advertising, promotion and public relations. It recently acquired Feishang Mining Holdings, which, through its wholly owned subsidiary, Wuhu Feishang Mining Development Co. Ltd., owns the mining rights to two mines that contain iron and zinc minerals in China.
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