Asian Steel Group Aluminum’s net profit increases in Q1
According to the performance report released by Asain Steel Group Aluminum, a leading manufacturer of aluminum products in China, the company’s revenue totaled around RMB 4.89 billion in the first quarter of this year, hiking by nearly 61% compared to the same period a year ago.
During the period, the net profit was roughly RMB 323 million, a year-on-year increase of 167.09%; the basic earnings per share were RMB 0.50, up by 150% year on year.
