Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
01 SEPTEMBER 2014 AL CIRCLE

Nanshan Aluminium announces a 3.23% rise in net profits for H1 2014

1MINS READ
Shandong Nanshan Aluminium Co. filed financial report for the first six months of 2014 to the Shanghai Stock Exchange and reported a YOY rise of 3.23% in net profits to 323.37 million yuan ($ 52.46 million) as a result of falling costs, expanding export margins and changes in product portfolio.

The company stated in their report that the falling coal prices played a significant role in the decline of production costs, while a lower SHFE/LME aluminium price ratio, facilitated export pushing export profitability up.

Nanshan Aluminium constantly was in sync with the market demand and adjusted their production portfolio accordingly which was a key factor in improving profit margins.

The report also mentioned that the focus of the company is slowly shifting to high value added products which are used in the shipping, automobile and aerospace industry and new projects are lined up for the same.

The company’s revenue however has seen a dip of 7.13% when compared to last year in the H1 period down to 6.72 billion yuan.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.