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Article: CHINA-ALUMINUM-LANZHOU.
- Article from:
- China Business News
- Article date:
- April 28, 2002
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Lanzhou Aluminum achieves 14.52% net profit growth in first quarter
Shanghai. April 28. INTERFAX-CHINA - The Shanghai-listed Lanzhou Aluminum, one of China's largest aluminum producers, realized net profits of RMB 21.13 mln (USD 2.55 mln) in the first quarter of this year, 14.52% higher than the same period last year, the company announced to Interfax.
The company attributed the profit growth to increased sales and reduced sales expenses. In the first three months, its operating income reached RMB 331.44 mln (USD 40.03 mln), ...