XINGFA ALUM (00098) expects interim pft to soar on lifted production capacity
2012-08-17 18:26:07
   
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XINGFA ALUM (00098) issued positive profit alert saying that the Group is expected to record a considerable increase in profit for the six months ended 30 June 2012 as compared to that of the Group for the corresponding period in 2011, primarily attributable to the increase in sales orders for construction aluminium profiles and the improved gross profit margin as a result of the successful execution of the Group’s production capacity expansion plan in Sichuan Chengdu and Jiangxi Yichuan plants; and the increase in government grants during the period. (r)


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