Yunnan Aluminiums Q3 net profit down 53.70%

The Q3 financial report of Yunnan released in the night of October 22, 2008 revealed that from January to September, the company realized gross revenue 4,818,111,640.48 yuan, net profit that belonged to the holders of mother company 206,236,795.78 yuan, basic earnings per share 0.196 yuan. gross revenue of July to September 1,793,667,590.64 yuan, net profit that belonged to the holders of mother company 58,630,275.10 yuan, basic earnings per share 0.056 yuan.

Gross revenue of Yunnan Aluminium was down 41.33% year-on-year to 2007, mainly caused by reduced government subsidy; while nonoperating outlay up 1043.53% year-on-year to 2007, mainly caused by increased public welfare donations; and total profit slide 58.78%, mainly caused by fall of sale price and rise of energy prices such as alternating current.

The company was planning to issue stock right that worth 1.056 billion yuan and convertible bonds of bond separation trade, which were both declared to be approved.

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.