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Zijin's Q3 profit falls on weaker commodity prices

China-headquartered Zijin Mining’s net profit fell in the third quarter of 2022 while remaining firmly up year on year for the January-September period.

Zijin's Q3 profit falls on weaker commodity prices Zijin's Q3 profit falls on weaker commodity prices Zijin's Q3 profit falls on weaker commodity prices Zijin's Q3 profit falls on weaker commodity prices Zijin's Q3 profit falls on weaker commodity prices

Investment banking company Jefferies said drops across the board in commodity prices outweighed a strong operational performance by Zijin.

The company's net profit for the three months was RMB4 billion (US$551.87 million), which is down 13.24% year on year.

Earnings per share fell 12.70% to RMB0.155.

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