Record ore production by Hindustan Copper Limited
Post-meeting, K.D.Diwan, Chairman-cum-Managing Director of the Central PSU stated, this year 39.08 Lakh MT ore has been produced which is the highest in last 17 years.
The total sales of the company has increased by 11% over last year.
Diwan further said, “While the physical performance has shown good improvement in 2015-16, the same could not be reflected in the financial performance mainly due to steep fall in load on metal exchange prices of Copper by around 21% as compared to previous year”.
No dividend is being paid by the company this year, he further stated.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
