Mingtai Aluminum¡¯s H1 2017 profit increases; Guizhou Huaren to begin production soon

Mingtai Aluminum Co. registered increase in both revenue and net profit in the first six months of this year. The company’s revenue increased by 41.10 per cent year-on-year to 4.67 billion yuan in the first half of 2017.

Mingtai Aluminum’s net profit grew 33.06 per cent year-on-year to 180 million yuan in H1 2017. The company’s earnings per share were 0.37 yuan.

Mingtai Aluminum manufactures aluminium sheet, aluminium coil and aluminium foil in China for electronic, automotive, transportation, construction, and other industries.

China’s Guizhou Huaren New Materials Co. will soon start production of its first phase of aluminium project. The company will begin aluminium project of one million tonnes at the end of this month, says SMM survey. The first phase has a capacity of 500,000 tonnes per year. The company is a subsidiary of Aluminum Corporation of China Limited (CHALCO).

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.