Changlv Company predicted 30 pct down of net profit from Jan to Sept

Changlv Aluminium Company lately predicted 30 pct down of net profit from Jan to Sept this year due to increase of interest rate, RMB, electric price and refined oil price.

From Jan to Jun, Changlv Aluminium realized net profit 28493500 yuan, fall 13.5 pct year-on-year caused by increase of costs; realized trade profit 36198200 yuan, total profit 38056700 yuan, down 25.38 pct and 22.6 pct respectively.

Changlv Aluminium saled 38,708 tons aluminium strip and aluminium foil form Jan to Jun, up 6.7 pct year-on-year; hydrophile coating aluminium foil 23,358 tons, up 2 pct year-on-year; sales volume of aluminium alloy foil soar 91.6 pct to 5057 tons.

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