Industry News

Fujian Minfa Aluminum’s net profit hikes in 2020

Views : 228
Update time : 2021-04-15 21:50:50
Fujian Minfa Aluminum Inc., a China-based aluminum processing company, reported that its operating income totaled around RMB 1.59 billion in 2020, growing by 8.87% compared to the previous year. The net profit attributable to shareholders of listed companies was about RMB 60.77 million, a year-on-year increase of 20.49%; the basic earnings per share were RMB 0.06, a year-on-year hike of 20%.

According to Minfa Aluminum’s 2020 semi-annual report, the firm’s main business is non-ferrous metal processing, aluminum alloy template industry, other industries, and non-ferrous metal trading, accounting for 94.52%, 4.01%, 1.27%, and 0.2% of its revenue respectively.
Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar