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The net profit of Zhongfu Industrial in the first three quarters was 1.15 billion, exceeding the annual target
- China Aluminium Network
- Post Time: 2022/11/7
- Click Amount: 978
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【Aluminum Road Network】
The domestic aluminum industry leader, Zhongfu Industrial, has gradually implemented the reorganization plan and invested in high-quality assets to enhance its sustainable development capabilities.
A few days ago, Zhongfu Industrial disclosed the acquisition plan. Zhongfu Industrial plans to acquire 100% equity of Sichuan Yuheng Industrial Co., Ltd. (hereinafter referred to as "Sichuan Yuheng") held by Luo Rui Trading with its own funds of 823 million yuan. After the acquisition is completed, Zhongfu Industry and its holding subsidiaries will hold a total of 100% equity of Guangyuan Zhongfu High Precision Aluminum Co., Ltd. (hereinafter referred to as "Guangyuan High Precision Aluminum").
Guangyuan High Precision Aluminium was once a wholly-owned subsidiary of Zhongfu Industrial, with a production capacity of 250,000 tons of electrolytic aluminum. Before the reorganization, Zhongfu Industrial had serious financial difficulties in 2019, so the company transferred part of its equity to Sichuan Yuheng. After completing the reorganization and possessing certain operating strength, Zhongfu Industrial regained the control of Guangyuan High Precision Aluminum. Including the acquisition of 30% equity of Linfeng Aluminium in June this year, Zhongfu Industrial is gradually completing the injection. High-quality assets, the goal of improving the profitability of listed companies.
The announcement shows that in the first three quarters of 2021 and 2022, the sales revenue of Guangyuan high-precision aluminum materials will be 2.998 billion yuan and 2.161 billion yuan respectively, and the net profit will be 410 million yuan and 278 million yuan respectively.
In the first three quarters of this year, Zhongfu Industrial achieved an operating income of 14.532 billion yuan, a year-on-year increase of 36.31%; a net profit of 1.154 billion yuan, a year-on-year increase of 128.67%, which has exceeded the reorganization plan for the company's 2022 annual net return to the parent. Source:
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