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Mingtai Aluminum Industry achieves net profit of RMB268 million in 2016

2017-02-17 17:28:59  【Print】
Mingtai Aluminum Industry Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright announced the annual report for 2016 on February 15 that the company achieved operating income of RMB7,481 million from January to December 2016, up by 18.Asian Metal Copyright announced the annual report for 2016 on February 15 that the company achieved operating income of RMB7,481 million from January to December 2016, up by 18.Asian Metal Copyright, Ltd.Asian Metal Copyright82% from the same period of 2015; net profit attributable to shareholders of listed companies was RMB246 million to 269 million, up by 55.Asian Metal Copyright82% from the same period of 2015; net profit attributable to shareholders of listed companies was RMB246 million to 269 million, up by 55.Asian Metal Copyright62% YOY.
  
Main factors affecting the performance of the company during the reporting period are as follows: first, the company put the new project into operation, so production, sales and sale income all increased in 2016 compared with those in 2015; second, the company improved the product structure of traditional projects, enhancing research, development and sales on high added-value product and expanding actively the emerging market; third the company strengthened internal capital management with the exchange gain, the interest income and the investment income rising in 2016 compared with those in the same period of 2015; fourth, the company reduced the production loss further and increased operation rate of the equipment capacity, making the whole production drop compared with that in 2015.

.Asian Metal Copyright62% YOY.Asian Metal Copyright

Bauxite

Al2O3 60%min, SiO2 11%max Ex-VAT Delivered China

Unit:RMB/mt
China's automobile sales volume statistics by year
Unit: pcs