Edition:
India

Zijin Mining's 2018 Net Profit Up, Sets 2019 Output Targets


Friday, 22 Mar 2019 

March 22 (Reuters) - Zijin Mining Group Co Ltd <601899.SS>2899.HK::SAYS 2018 NET PROFIT UP 16.7 PERCENT Y/Y.SAYS Q4 NET PROFIT AT 741.4 MILLION YUAN ($110.44 million).SAYS IT SETS 2019 GOLD OUTPUT TARGET AT 40 TONNES.SAYS IT SETS ASIDE PROVISION FOR ASSET IMPAIRMENT OF 1.4 BILLION YUAN IN 2018, DOWN 36.1 PERCENT Y/Y.SAYS IT PLANS TO ISSUE UP TO 10 BILLION YUAN WORTH OF DEBT FINANCING INSTRUMENTS. 

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