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Jiangxi Copper Company Limited Announces 2008 Annual Results.

Publication: JCN Newswires
Publication Date: 01-APR-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Jiangxi Copper Company Limited Announces 2008 Annual Results.(Financial report)

Article Excerpt
Hong Kong, Mar 31, 2009 - (ACN Newswire) - Jiangxi Copper Company Limited ("Jiangxi Copper" or "the Company"; Stock code: 0358) announced the consolidated financial results for the year ended 31 December 2008 ("2008" or the "reporting period") of the Company and its subsidiaries (the "Group").

As at 31 December 2008, total assets of the Group reached RMB34.51 billion; Equity attributable to the equity holders of the Company amounted to approximately RMB20.75 billion, representing an increase of RMB1.21 billion over the end of 2007. Net asset per share attributable to equity holders of the Company surged RMB0.40 over the end of last year to RMB6.87.

Despite the impact of global financial crisis in 2008, the Group still realized an operating revenue of RMB53.69 billion, an increase of 24.38% or RMB10.53 billion over last year, due to remarkable increases in sales volume of self-produced copper cathode and trade volume.

Under the impact of price decline, realized net profit attributable...

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