Wuxi Hui Aluminum reports annual operation revenue of RMB45.95 million and a YOY decrease of 36% in net profits in 2016
2017-04-18 17:48:39 [Print]
According to the 2016 performance report released by Wuxi Hui Aluminum recently, by 31 December, 2016, the company realized an annual operation revenue of RMB45.9481 million (USD6.67 million), down by 1.17% YOY; and its net profits going to listed shareholders amount to RMB972,900 (USD141,328), down by 35.85% YOY; and its return per share is RMB0.05 (USD0.007), while the figure was RMB0.08 (USD0.012) in the same period of last year.
The company attributes the decrease in its 2016 operation revenue to the fact that average prices for the aluminum industry dipped in the year, thus making its selling prices go down, though its output in 2016 rose by 58.00t from last year.
Wuxi Hui Aluminum mainly involves in research, development, production, processing and trading of various aluminum products, and provides accessories for aluminum-plate-fin heat exchangers.
The company attributes the decrease in its 2016 operation revenue to the fact that average prices for the aluminum industry dipped in the year, thus making its selling prices go down, though its output in 2016 rose by 58.00t from last year.
Wuxi Hui Aluminum mainly involves in research, development, production, processing and trading of various aluminum products, and provides accessories for aluminum-plate-fin heat exchangers.
Alumina 98.5%min EXW China
Unit:RMB/mt
China alumina producers' number MoM output increase statistics by province by month
Unit: pcs
