China’s Mingtai Aluminum foresees growth in Q1-Q3 net profit
Views : 290
Update time : 2020-10-13 16:36:34
According to the recent performance forecast released by Mingtai Aluminum, a leading manufacturer of aluminum products in China, the firm’s net profit attributable to shareholders of listed companies will reach around RMB 717 million in the first three quarters of this year, a year-on-year increase of 2.43%.
The increase was mainly due to the fact that Mingtai kept expanding its advantageous products to maintain the growth in production and sales, strengthen the R&D to raise the proportion of high value-added products, as well as control costs efficiently.
