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Mingtai Aluminum's net profit expected to increase by 40% in Q1-Q3

17 Oct 2018 16:41 reported by John

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Mingtai Aluminum announced on October 16th that it expected its net profit attributable to shareholders of listed companies to reach RMB282.6 million roughly in the first 3 quarters of 2018, an increase of about RMB110 million or about 40% compared with the same period last year.

During the reporting period, the company's overall production, sales volume and sales revenue increased steadily.

In addition, the new project reached production and new product volume, which promoted the continuous growth of the company's performance and improved the net profit attributable to shareholders of the listed company in the reporting period year-on-year. The non-recurring profit increased by about RMB90 million.