Central Asia Metals moves into profit

Shares of Central Asia Metals were sought after it raised its 2012 output target and swung into a first half profit following last year's loss.

Shares of Central Asia Metals were sought after it raised its 2012 output target and swung into a first half profit following last year's loss.

The group, which completed its Kounrad copper mine in Kazakhstan at the start of 2012, posted a pre-tax profit of $530,435 in the six months ended June 30th from a loss of $1.8m in the equivalent period. Revenue jumped to $6.8m from $1.1m previously.

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