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Shunbo alloy: Guangdong Shunbo, a wholly owned subsidiary, resumed full production on April 16.
Apr 17, 2022 18:25CST
Source:SMM

Shunbo Alloy announced that due to a production safety accident at Jingmei Company in Qingyuan City, Guangdong Province, Guangdong Shunbo Aluminum Alloy Co., Ltd., a wholly owned subsidiary of the company, has temporarily suspended production since the evening of April 4 in accordance with the requirements of local government departments. A few days ago, Guangdong Shunbo completed safety self-inspection and self-correction under the guidance of local government departments, and began to fully resume production on April 16.

Earlier, Shunbo alloy announced that the company's net profit attributable to shareholders of listed companies in the first quarter was 108 million yuan to 139 million yuan, an increase of 37.10% to 77.42% over the same period last year. Thanks to the upgrading of Hubei Shunbo's production capacity, the company's national multi-regional comprehensive layout has been consolidated and enhanced, the service and sales expansion ability to existing customers and some new customers has also been continuously enhanced, and the sales volume has increased slightly. The sales price also increased compared with the same period last year, which led to the improvement of profitability. 2. During the reporting period, the government subsidy received by the company increased compared with the same period last year, of which the non-recurrent profit and loss is expected to be about 36 million yuan.

Shunbo alloy

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