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Since June, the price of aluminum ingots has fallen slightly, and downstream customers of Henan Mingtai Al. Industrial have a high acceptance of the current price of aluminum ingots.
Mingtai Al. Industrial (601677.SH) stated during an investor relations event that aluminum ingot prices have fallen since June, and downstream customers have a higher acceptance of the current aluminum ingot price. Currently, sales this month have improved compared to the same period last month.
Henan Mingtai Al.Industrial (601677.SH): The proportion of recycled aluminum used by the company will be increased to 70% in the future.
On July 19th, Gelonhui reported that Henan Mingtai Al.Industrial (601677.SH) stated in an investor relations event that the company's recycled aluminum protection application business continued to grow at a high speed in the first half of the year, with a year-on-year growth rate of about 28%. The recycled aluminum products have the advantages of being green and low-carbon, with significant economic and social benefits. They are an important aspect of the company's future development plans, and the proportion of recycled aluminum used by the company will increase to 70%.
Announcement of half-year performance increase forecast for Henan Mingtai Al.Industrial in 2024.
Henan Mingtai Al.Industrial's Operation Report for June 2024.
Henan Mingtai Al.Industrial (601677.SH): sold 113,200 tons of aluminum plate and strip in June.
On July 3, Gelunhui reported that in June, Henan Mingtai Al.Industrial (601677.SH) sold 113,200 tons of aluminum sheets and foils, and 10,000 tons of aluminum profiles. In the first half of 2024, the company's aluminum sheet and foil production increased by 18%, while sales increased by 19%; aluminum profile production increased by 8%, while sales increased by 14%.
Investors in Henan Mingtai Al.IndustrialLtd (SHSE:601677) Have Seen Favorable Returns of 62% Over the Past Five Years
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