Sincere copper industry to repair net profit to 100%-110%

Jingcheng Copper (002171) January 13 Evening release of the results of the revised notice, the company 2010 attributable to the owner of the parent company's net profit compared with a year earlier growth of 100%-110%, is expected to 2010 company earnings in 80 million yuan-85 million yuan. The previous forecast was a 60%-80% increase in net profits compared with a year earlier.　　Jingcheng copper Industry said that the report period performance growth is due to the company's production and marketing scale full play, the main business income over the same period a year ago, the company's profitability continues to increase. At the same time, the company's board of directors of the preliminary formulation of the 2010 profit distribution and Provident fund to increase the capital plan for the company in the end of 2010 total equity capital of about 160 million shares, to all shareholders to 8-10 shares per 10 shares, not Shang, cash distribution plan is undecided.