Xingfa Aluminum (00098) announced its annual results for the year ended December 31, 2023. The group obtained turnover...
According to the Zhitong Finance App, Xingfa Aluminum (00098) announced its annual results for the year ended December 31, 2023. The group obtained a turnover of RMB 17.353 billion (same unit), an increase of 2.48%; profit attributable to the company's equity shareholders of RMB 804 million, an increase of 75.67% over the previous year; profit per share of 1.91 yuan, with a final dividend of HK$0.64 per share.
According to the announcement, the increase in turnover was mainly due to an increase in sales orders during the year.
In the current year, sales volume of aluminum construction profiles increased by 9.2% to about 622,700 tons (2022:570,000 tons). Meanwhile, in the current year, sales volume of industrial aluminum profiles decreased by 5.1% to about 126,200 tons (2022:133,000 tons).