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Korea Zinc posts record profit in first quarter

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A smelter of Korea Zinc in South Korea. The company logged record quarterly sales and profits during the first three months of this year. Photo by Korea Zinc

SEOUL, May 6 (UPI) — World-leading non-ferrous metal maker Korea Zinc said Wednesday it posted record results during the first three months of this year despite a challenging business environment.

The Seoul-based company said its first-quarter sales were $4.2 billion, up 58.4% from a year before, while operating profit nearly tripled to $515 million year-on-year. Both were all-time…

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