TABLE-China Jinduicheng Molybdenum 9-month net up 11 pct
SHANGHAI, Oct 25 (Reuters) - Three quarters ended Sept. 30.
(in millions of yuan unless stated, against 2007 figures):
2008 2007
Turnover 5,152.72 vs 4,331.68
Net attributable 2,611.29 vs 2,349.02
Earnings per share (yuan) 1.07 vs 1.09
Net assets per share (yuan) 5.05 vs ***
Company: Jinduicheng Molybdenum Group Co (601958.SS),
Asia's largest producer of the material, produces around 7
percent of the world's molybdenum, a metal used to toughen
alloy steel and as a catalyst for chemical production and oil
refining.
Note: The company published unaudited results, compiled under domestic accounting standards, in the official Shanghai Securities News on Saturday.
Jinduicheng said its earnings rose in line with the development of its core business.
Without giving comparative data, it also published figures for the third quarter of this year, including net profit attributable to the listed company's shareholders, at 865.79 million yuan ($126.5 million). *** Year-earlier assets per share were not given, but at the end of last year they were 1.45 yuan. The company said net asset value jumped after it raised net proceeds of 8.745 billion yuan in its initial public equity offer in Shanghai in April. ($1 = 6.8433 Yuan) (Reporting by Lu Jianxin; Editing by Ben Tan)
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