Laopu Gold Revenue, Profit Growth Beat on Robust China Demand
Revenue increased 251% to 12.35 billion yuan ($1.72 billion) in the first six months of the year, according to a company earnings statement on Wednesday. Net income rose 286% to 2.27 billion yuan in the period. Laopu expected revenue and net profit to grow at least 241% and 279%, respectively, in a preliminary assessment in July.
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