Minfa Aluminium¡¯s Net Profits up 16%

(China Aluminum Network) Minfa Aluminium announced the performance report of 2013 that company earned 1,156,219,909.21 Yuan up 12.03% year on year, the net profits attributable to shareholders of listed company was 46,864,623.42 Yuan up 16.02% year on year, earnings per share was 0.27 Yuan.

During the reporting period the company stayed in good production and management and financial condition. The following three reasons caused changes in performance, the first one is part of raised investment projects were up and running, the production capacity was released and increased the output; the second one is the company expand market, improve products sales volume and sales revenue; the third one is the company exercise strict control over cost, open resource and save expenditures, compared with the same period in 2012 company’s production and sales and profits ratio in 2013 all appeared certain growth.

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