Tin firm's net drops

2008-10-30  |     NEWSPAPER EDITION

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YUNNAN Tin Co, the world's biggest producer of the metal, said third-quarter profit fell 32 percent on higher raw material costs.

Net income fell to 135.6 million yuan (US$19.8 million), or 0.21 yuan a share, the Yunnan Province-based company said yesterday. Sales rose to 2.3 billion yuan from 2.2 billion yuan.

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