trending Market Intelligence /marketintelligence/en/news-insights/trending/p9tvh97ipnxzvtrnd9camq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Yunnan Tin flags up to 60M yuan Q3 net profit as prices rebound

COVID-19’s Impact on the Capital Markets: Identifier Issuance for Municipal Securities Sinks, but Corporate Requests Stable

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

Broadband-Only Homes Surge To 25% Of US Households Ahead Of COVID-19 Crisis


Yunnan Tin flags up to 60M yuan Q3 net profit as prices rebound

Yunnan Tin Co. Ltd. expected to swing to a net profit of between 40 million Chinese yuan and 60 million yuan in the third quarter, from a net loss of 87.7 million yuan posted a year ago, according to a company statement.

EPS was expected to range between 2.7 fen and 4.0 fen, compared to the 6 fen per share posted in the same quarter of 2015.

The company attributed the turnaround to a rally in prices of nonferrous metals. The acquisition of indium-tin miner Yunnan Hualian Zn-In Shares Co., which was completed in October 2015, also boosted earnings, the company said.

Net profit for the first nine months ending Sept. 30 was expected to range between 45 million yuan and 65 million yuan, comparing to a net loss of 480.5 million yuan recorded a year ago.

Yunnan Tin plans to release its earnings report for the third quarter on Oct. 28.

As of Oct.10, US$1 was equivalent to 6.71 Chinese yuan.