Zhongfu Industry's net profit expected to decline by 55% in H1
2017-08-14 18:00:53 [Print]
Zhongfu Industry replied to the Shanghai Stock Exchange late yesterday that the company failed to see a significant improvement in its performance in Q1 of 2017 as the operating rate of its coal branch was low and the deep processing project of aluminum products hadn't achieved full capacity. The company resumed trading on August 11th.
According to the measurement, the company is expected to achieve a net profit of RMB60-65 million in H1, down by 55% over the same period last year. The company was inquired by the SSE as the company's earnings performance hadn't improved significantly in Q1, though prices for its products like electrolytic aluminum increased sharply.
According to the measurement, the company is expected to achieve a net profit of RMB60-65 million in H1, down by 55% over the same period last year. The company was inquired by the SSE as the company's earnings performance hadn't improved significantly in Q1, though prices for its products like electrolytic aluminum increased sharply.
Aluminum Ingot 99.7%min In warehouse Wuxi
Unit:RMB/mt
China primary aluminum producers' sales to production ratio statistics by province by month
Unit: %
