Minfa Aluminum’s Net Profit Up 88.57% in H1 2017

Published: Aug 18, 2017 17:52
Minfa Aluminum Co. reported 513 million yuan in revenues in H1 2017, up 11.91% year-on-year.

SHANGHAI, Aug. 18 (SMM) –Minfa Aluminum Co. reported 513 million yuan in revenues in H1 2017, up 11.91% year-on-year.

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The company reported 12.93 million yuan in net profit attributable to shareholders of listed company, up 88.57% year-on-year. Aluminum extrusion sales prices rose due to rising aluminum prices and aluminum formwork sales revenues also increased, main drivers behind the growth in net profit. 

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Minfa Aluminum’s Net Profit Up 88.57% in H1 2017 - Shanghai Metals Market (SMM)