Jiangxi Copper posts 18.5pc fall in profit

Jiangxi Copper, the mainland’s largest smelter of the industrial metal, cautioned that the smelting industry will face more tough times, after it posted an 18.5 per cent decline in net profit for last year amid lower metal prices and persistent over-capacity.

via South China Morning Post - Business feed http://ift.tt/1FJg5AX