Yunnan Aluminium Co., Ltd., a China-based aluminum producer, announced that its net profit was around RMB 890 million in 2020, growing by approximately 80% compared to the previous year.
During the reporting period, the spot prices of Yangtze River aluminum ingot and Nanchu aluminum ingot both had a year-on-year increase, and the production and sales of aluminum products rose significantly as well, which led to the year-on-year growth in Yunnan Aluminium’s operating performance.