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Demand of China Zhongwang’s Aluminum Products May Rebound
- China Aluminium Network
- Post Time: 2014/5/21
- Click Amount: 609
(China Aluminum Network) China Zhongwang efforts to provide high-quality aluminum processing products apply to transportation, mechanical equipment, electric power project, etc. The aluminum price was rebounded slightly in recent years, but the average price still went down.
During the market sluggish period, Zhongwang optimized production equipments, expanded research and development strength and developed high value added aluminum extrusions, has enlarged profits space, improved gross profit rate and obtained tax benefits.
In 2013 profits attributable to shareholders up 17%, gross profit rate also increased 2.6% yoy. With the recovery of Europe and the United States economy, and the growth of urbanization in China, the demand of aluminum products may pick up.
Source: www.alu.com.cn
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