Yunnan Tin Company Ltd reported that its net profit decreased by 96% in the third quarter of 2012 to RMB 8.32 million. Operating revenue during the period grew 18% year-on-year to RMB 4.4 billion. In the first nine months of 2012 the net profit of YTC was reported at RMB 85.4 million, a year-on-year decrease of 84%. Operating revenue during the period declined by 0.6% to RMB 10.021 billion. The company did not release production or sales volume data for the period.
Yunnan Tin reports profit slump
Oct 31, 2012
