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Home / Metal News / China Zhongwang Blames Loss on Trade Frictions 

China Zhongwang Blames Loss on Trade Frictions 

iconAug 25, 2017 17:52
Source:SMM
China Zhongwang Holdings attributed the decline in its profit in H1 2017 partly to trade frictions between China and the US.

SHANGHAI, Aug. 25 (SMM) –China Zhongwang Holdings attributed the decline in its profit in H1 2017 partly to trade frictions between China and the US.

East Hope Stops Offering Alumina on Bauxite Shortage, SMM Learns

The company reported $164 million in net profit attributable to shareholders of its listed company, down 20.24% year-on-year. 

Rusal Optimistic over Aluminum Outlook in H2 2017 on Tight Supply in China

As a result, its shares on Hong Kong Stock Exchange fell 15%, the biggest decline in nearly two years. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

China Zhongwang

For queries, please contact William Gu at williamgu@smm.cn

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