20 January 2019

China Minmetals revenue up 24% in 2013, paper says

China Minmetals Corp. plans to focus more on raising operational efficiency than pursuing a higher top line for 2014, aiming to earn 7 billion yuan (US$1.155 billion) in net profit from revenue of 360 billion yuan this year, the China Securities Journal reported Friday. In 2013, the corporation made 7.03 billion yuan in net profit — down from 8 billion yuan in 2012 — as revenue rose 24 percent to 402.81 billion yuan year on year, the report said.

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