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Epic & Msn data
Epic PMHL
Time: 16:30:10
Mid Price: 19.00
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 163.50
Fifty Two Week Low: 10.50
Market Capital: 25.19
Period & price data
Period Price
Now: 19.00
3 Months ago: 75.00
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: Construction & Materials
Epic: PMHL
News: Latest news
Web Site: Prosperity Minerals Holdings Limited
Other Articles: 04-12-200803-12-200820-10-2008

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Prosperity Minerals Holdings Limited

Prosperity is a cement manufacturer and iron ore trading group serving customers in the People's Republic of China (the 'PRC').
CLICK HERE FOR FULL ANLAYSIS OF PROSPERITY MINERALS HOLDINGS LIMITED
Thursday, September 04, 2008

Prosperity Minerals confirms 6.5 pence dividend payment

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Prosperity Minerals (AIM: PMHL), the cement manufacturing and iron ore trading group operating in the People's Republic of China, announced that it had received approval to pay a cash dividend of approximately 6.52 pence per share.

Prosperity's  story began in 1992 when David Wong, the chairman and chief executive, started up a business trading iron ore.

This now supplies around 3.5 million tonnes a year to companies in China, primarily large steel manufacturers. China is the largest importer of iron ore in the world and currently imports of over 300 million tonnes. This total is expected to grow to over 500 million by 2014.


Prosperity is estimated to make a profit margin in the region of $7 per tonne of iron ore and it's recently been able to reduce its freight costs by sourcing more material from Thailand.

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