Mingtai Aluminum Industry achieves net profit of RMB268 million in 2016
2017-02-17 17:28:59 【Print】
Mingtai Aluminum Industry Co
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.
. , Ltd . 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 . 82% from the same period of 2015; net profit attributable to shareholders of listed companies was RMB246 million to 269 million, up by 55 . 62% YOY.
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