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【中银国际】罗平锌电:3季度经营情况好转平锌电

[bank of China International] Luo Ping Zinc: the business situation improved in the third quarter.

中銀國際證券 ·  Aug 26, 2009 00:00  · Researches

Yunnan Luoping Zinc Power Co., Ltd. (Luoping Zinc Power) is mainly engaged in zinc smelting and hydroelectric power generation, and its core assets are zinc smelters, mines and hydropower stations. It is the only listed company with "mine-electricity-metallurgy" integration in the country. In 2008, about 90.7% of the company's revenue came from zinc ingots, but failed to contribute gross profit due to falling zinc prices. Luoping Zinc Power's controlling shareholder is Luoping County Zinc Power Company, which is directly under the Luoping County Finance Bureau, and holds a 61.08% stake in the listed company.

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