18 AUGUST 2011alu
Southwest Aluminum H1 Profit Exceeds Billion Yuan
Edited by : AL CIRCLE
1 min read
According to Southwest Aluminum on August 17 that it has gained more than billion profit by producing high-value-added aluminum products and reached its historical record high.
Since this year, domestic aluminum processing market begins to recover with demand for LED, emerging products and staple commodity such as 3104 can materials increasing rapidly. Therefore, Southwest Aluminum overcomes supply tension from power and natural gas, by adjusting products structure, reinforcing quality management and decreasing cost finally reaches its goal of enhancing market competition power and profitability. With dramatic increase of High-value-added products, its output and sale revenue grow by 14.96% and 27.41% respectively. profit exceeds CNY 1 billion up by 7258 Yuan in the corresponding period last year.
Since this year, domestic aluminum processing market begins to recover with demand for LED, emerging products and staple commodity such as 3104 can materials increasing rapidly. Therefore, Southwest Aluminum overcomes supply tension from power and natural gas, by adjusting products structure, reinforcing quality management and decreasing cost finally reaches its goal of enhancing market competition power and profitability. With dramatic increase of High-value-added products, its output and sale revenue grow by 14.96% and 27.41% respectively. profit exceeds CNY 1 billion up by 7258 Yuan in the corresponding period last year.
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