BIZCHINA / Biz Media Digest
Energy: Shandong Aluminium net up 58%
(Shenzhen Daily)
Updated: 2006-08-22 15:07
Shandong Aluminium Industry Co., which lists yuan-denominated A shares in
Shanghai, yesterday posted a 58 percent rise in its first-half net profit
from a year earlier, on higher aluminum prices and improved cost controls.
It posted a first-half net profit of 647.4 million yuan (US$80.93
million), up from 410.8 million yuan in the same period last year. Its
core revenue rose to 3.08 billion yuan from 2.26 billion yuan in the same
period. The figures are according to Chinese accounting standards and are
unaudited.
(For more biz stories, please visit Industry Updates)
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