sector: Basic Materials ·
industry: Mining & Metals - Specialty ·
As of
11:07am IST
15.91CNY
Western Mining Co., Ltd. is principally engaged in the mining, smelting and trading of base metals, including zinc, lead, copper and aluminum. The Company operates five ore mines, including one lead-zinc mine, one silver-lead-zinc-copper mine and three copper mines. During the year ended December 31, 2008, the Company provided approximately 72,300 metric tons of lead ore concentrate, 102,800 metric tons of zinc ore concentrate, 28,100 metric tons of copper ore concentrate, 109,900 metric tons of electrolytic aluminium, 47,300 metric tons of zinc ingot, 18,700 metric tons of lead and 13,400 metric tons of manganese chips.
BRIEF: For the nine months ended 30 September 2009, Western Mining Co Ltd's total revenues decreased 27% to RMB7.52B. The Company's net income decreased 82% to RMB183.3M. Total revenues reflect a decrease in sales of the Company's products. Net income for the period also suffered from lower gross profit margin, increased general and administrative and finance expenses, as well as the presence of investment loss.
Western Mining Co.,Ltd.
No.52 WuSi Main Street
XiNing QNG 810001
P: +86971.6108188
F: +86971.6122926