Mingtai Aluminum announced that the operating income for the first three quarters was 19.456 billion yuan, a year-on-year decrease of 11.64%; the net profit attributable to the parent was 1.161 billion yuan, a year-on-year decrease of 12.02%. In the third quarter, Mingtai Aluminum achieved operating income of 6.816 billion yuan, a year-on-year increase of 4.21%; the net profit attributable to the parent was 358 million yuan, a year-on-year increase of 56.54%. The company said that the increase in net profit in the third quarter was mainly due to the increase in sales volume and the rise in raw material prices.
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