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[Ferro-Alloys.com] The well-known nickel producer Huaze Cobalt & Nickel (000693) announced its Quarterly Repert on Wednesday that the firm earns a net revenue of RMB 96.17-million in the first three quarters this year, down 25.28 percent year over year, and adds 0.1769 yuan per share.

Huaze reported revenue of RMB 8.98-billion, an increase of 21.43 percent from January to September, according to the company’s Quarterly Report.

Quarterly Results also showed that during the period, the company’s business tax and surcharges surged 284.67 percent due to added operations; At the same time, the freight increase makes the selling expenses increased by 101.73 percent; In addition, the non-business expenditures skyrocketed by 3615.52 percent when subsidiaries to dispose of assets.

In later period, the China Securities Finance Corp. holds 6.573-million shares, accounting for 1.21 percent of the company’s total shares.

• [Editor:Juan]