【Minfa Aluminum Industry hits daily limit up 1.17% since 2023, with revenue increasing by 1.17% year-on-year and net profit decreasing by 46.19% year-on-year】On April 3rd, Minfa Aluminum Industry announced that the company's operating income in 2023 was 2.824 billion yuan, an increase of 1.17% year-on-year; the net profit attributable to shareholders of the listed company was 26.8629 million yuan, a decrease of 46.19% year-on-year. The company's aluminum profile products are mainly sold through a pricing method of "aluminum ingot price + processing fee". The cost of aluminum ingots accounts for a high proportion of production costs. The company can hedge against aluminum price fluctuations through futures hedging, but significant fluctuations in aluminum ingot prices may still affect the company's operations.
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