Zhitong Finance App News,Luoyang molybdenum industry(03993) Released results for the first half of 2017. The company achieved operating income of RMB 11.655 billion (same unit), an increase of 415.74% over the previous year; net profit attributable to shareholders of listed companies of RMB 835 million, an increase of 63.14% over the previous year; and basic earnings per share of RMB 0.05.
According to the announcement, the company's revenue mainly comes from molybdenum, tungsten, copper, cobalt, niobium and phosphorus related products, and the company's performance is mainly affected by price fluctuations of the aforementioned resource types.