Fujian Minfa Aluminum’s net profit rises in Q1
Views : 270
Update time : 2021-04-20 17:38:33
Fujian Minfa Aluminum Inc., a China-based aluminum processing company, reported that its net profit attributable to shareholders of listed companies totaled around RMB 10.16 million to 11.92 million in the first quarter of this year, growing by 130-170% compared to the same period a year ago. The basic earnings per share were RMB 0.0104-0.0122.
The increase in Minfa Aluminum’s net profit was because the firm’s operating income has a year-on-year surge as the domestic COVID-19 epidemic has been stabilized and the market has returned to normal, as well as part of the accounts receivable at the end of the previous year was received in this period.
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?
