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Henan Mingtai Al. Industrial May 2024 Operation Report
Henan Mingtai Al.Industrial (601677.SH): produced 127,200 tons of aluminum plates, strips, and foils in May, with sales of 129,400 tons.
Henan Mingtai Al.Industrial (601677.SH) released its operating report for May, producing 127,200 tons of aluminum plates, strips and foils, and selling 129,400 tons; producing 1,700 tons of aluminum profiles and selling 1,400 tons.
Mingtai Aluminum (601677): Downstream market recovery and steady increase in sales
The company's net profit to mother fell 16% year over year in 2023. In 2023, it achieved operating income of 26.44 billion yuan (-4.8%), net profit attributable to mother of 1.35 billion yuan (-15.7%), and net profit not attributable to mother 10.
Express News | Mingtai Aluminum: In the first 4 months, the sales volume of aluminum sheet and foil was 464,900 tons, and the sales volume of aluminum profiles was 0.57 million tons.
Mingtai Aluminum (601677): Outstanding sales volume and month-on-month profit recovery in March '24
Incident: The company recently released its 2023 annual report and 2024 quarterly report. It achieved annual revenue of 26.44 billion yuan, -4.82% year over year; net profit to mother of 1.35 billion yuan, -15.7% year over year. 24Q1
Bearish: Analysts Just Cut Their Henan Mingtai Al.Industrial Co.,Ltd. (SHSE:601677) Revenue and EPS Estimates
The analysts covering Henan Mingtai Al.Industrial Co.,Ltd. (SHSE:601677) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this ye
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