5th World Antimony Forum

June 8-9, 2017
Changsha, Hunan

World Tin Mining Forum 2017

June 1-2, 2017
Zhangjiajie, China

5th World Silicon Forum

May 25-26,2017
Kunming, China

8th World Aluminum Raw Materials Summit 2017

May 18-20,2017
Sanya, Hainan of China

9th International Rare Earth Summit

May 11-12,2017
Shanghai, China

5th World Manganese & Selenium Forum

April 20-21,2017
Changsha, China

10th World Indium & Germanium & Gallium Forum

April 19-21,2017
Xiamen,Fujian,China

6th World Magnesium Forum

April 12-14,2017
Kunming, China

Mingtai Aluminum Industry achieves net profit of RMB268 million in 2016

2017-02-17 17:28:59  【Print】
Mingtai Aluminum Industry Co.Asian Metal Copyright62% YOY.Asian Metal Copyright, Ltd.Asian Metal Copyright .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 .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

Prebaked Anode

96%min FOB China

Unit:USD/mt
China's active alumina producers' average consumption capacity for imported bauxite statistics by province by month
Unit: mt