Nanshan Aluminum Company Operation Revenue Almost Hit 14.9 Billion Yuan in 2012

(China Aluminum Network) According to the annual report the company’s operation revenue was 14.87 billion Yuan in last year, increased 11.57% over the same period; net profit attributable to shareholders of listed companies was 0.691 billion Yuan, decreased 32.39% over the same period; earnings per share was 0.36 Yuan.

The report showed in 2012 company took measures to enlarge market development, to win with quality; when faced with severe competition in aluminum profiles market which has excess production capacity, company’s aluminum profiles whole output and sales was stay at same level. The company was seek for cooperation opportunities with large-scale real estate agencies in construction profiles market, and has developed strategic cooperation with JANGHO and Gold Mantis. In terms of industrial profiles, in order to cope with weak market situation the company has developed new market and new customers of electrostatic tube of force, rod sections, conductor rail profiles, auto aluminum profiles and equipment manufacture aluminum.

From the view of products, the sales of aluminum plate, strip and foil was increased 11% over the same period, while domestic market increased 18%, owing to LME inversion sales in overseas market was decreased 7% over the same period. At the same time, sales of company’s cold rolling products were up 24%.

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