|China's nonferrous metal smelting and pressing sector's profit up 1.3% in Jan-Nov
China's nonferrous metal smelting and pressing industry recorded a gross profit of RMB 112.26 billion in the first eleven months of 2013, reflecting a growth of 1.3% year on year, according to the latest data released by the National Bureau of Statistics.
Profit from core business decreased 7.8% year on year to RMB 123.59 billion from Jan to Nov.
The industry saw its core business revenue rise 12.7% year on year to RMB 4.2 trillion in the eleven-month period.
China's output of the ten nonferrous metals grew 13.7% year on year to 3.65 million metric tons in Nov and increased 10.5% to 36.91 million metric tons from Jan to Nov.