Fujian Minfa Aluminum’s net profit hikes in 2020
Views : 183
Update time : 2021-04-15 21:50:50
Fujian Minfa Aluminum Inc., a China-based aluminum processing company, reported that its operating income totaled around RMB 1.59 billion in 2020, growing by 8.87% compared to the previous year. The net profit attributable to shareholders of listed companies was about RMB 60.77 million, a year-on-year increase of 20.49%; the basic earnings per share were RMB 0.06, a year-on-year hike of 20%.
According to Minfa Aluminum’s 2020 semi-annual report, the firm’s main business is non-ferrous metal processing, aluminum alloy template industry, other industries, and non-ferrous metal trading, accounting for 94.52%, 4.01%, 1.27%, and 0.2% of its revenue respectively.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
