Shandong Gold Mining Co Ltd, a major gold producer in China, reported Thursday that its net profit rose 17.08 percent year-on-year.
Special Coverage:2009 Annual Reports of Listed CompaniesThe company attributed the surge in net profit mainly to its increasing gold output, which reached 17.67 tons last year and rose 11.86 percent year-on-year, due to better management practices and acquisition of new goldfields.
