Medium-term net profit rose 544%

Tin Shares (000960) released a semi-annual report today, the first half of the year to achieve operating income of 4,532,040,000 yuan, an increase of 43.21%, to achieve net profit of 183.66 million yuan, an increase of 544.36%, per share earnings 0.236 yuan, continue to maintain a strong momentum of growth. Since the first half of this year, the company produced 8459 tons of tin chemical products, compared with a year earlier increased by 69.1%. Production of 8998 tons of tin products, compared with a year earlier increased by 44.86%.　　The company's gross margin of tin products rose by 9.92% over a year earlier. Industry insiders pointed out that the company's operating conditions have been greatly improved mainly thanks to the economic recovery and industry boom to good. The first half of the company to achieve sales and marketing, especially in the two quarter since the price of the product to increase, the average sales price of the company's products compared with a sharp rise in the same period last year, the main product sales rose significantly from the same period last year, the company's profitability quarterly upgrade.