Apalt: Production capacity of aluminum extrusion expected to reach 250,000 tons in 2020
The chairman of Apalt, a Jiangsu-based aluminum alloy producer, said the firm has been facing challenges and opportunities amid a complex and uncertain global competitive pattern.
Therefore, Apalt will continue to develop markets in the automotive and non-automotive fields in order to raise the market share and further to increase the company’s benefits.
The production capacity of aluminum extrusions was expected to reach approximately 250,000 tons in 2020, and the production and sales volume will change by -5%~10% year on year. Besides, the operating revenue, total profit and net profit attributable to the parent will change in a range of -15%~15% compared to the previous year.
