Nanshan Aluminum expects Q1 net profit over 50% YoY

(China Aluminum Network) Nanshan Aluminum Co.,Ltd reported on the evening of Monday that the company expected Q1 net profit rose more than 50% YoY.

Nanshan Company’s net profit reached 118 million Yuan in the same period of 2010, and earnings of per share was 0.07 Yuan. 

The report showed the performance change was owe to alumina capacity expansion of company upstream in 2011, sustained heavy volume of downstream deep-processing products and products structural adjustment in 2011, etc.

Nanshan Aluminum reported on Monday that its share closed at 10.85 Yuan, down 0.91%.

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