China Hongqiao Group still has growth room

(China Aluminum Network) China Hongqiao Group is China's fifth largest aluminum producer, which is mainly engaged in liquid aluminum alloy, aluminum alloy ingot, aluminum sow wire and other products through electrolytic aluminum model. Hongqiao Group owns three major production bases.

Total sales of Hongqiao Group declined since 2009 tsunami, but now has recoverd. Also the company's net rate fluctuated fiercely. Total sales slipped to 6% and 10% after the tsunami from 30% in 2007. Till now it has recovered to 38% from 2010. Hongqiao Group profits is not stable.But compared with 2007 figures, 2010 figures was quite resonable.

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