China Kings reports surging profits as fluorspar prices rally

By Albert Li
Published: Tuesday, 29 August 2017

Amid supply pressure from environmental protection policy, strong demand in fluorine chemical industry helps support fluorspar prices.

Sales and profits at China Kings Resources Group, the leading fluorspar company in China, bounced on rising prices for fluorochemical feedstock.

Revenues rose by 21% year-on-year (y-o-y) in H1, to Chinese Renminbi (Rmb) 165.83m ($25m), and net profit increased 21% y-o-y to 33.86m ($5m).

Kings Resources...

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