Nanshan Aluminium Flags Rise in H1 Profit; Shares Fall 1%

MT Newswires Live
Jul 23

Nanshan Aluminium International (HKG:2610) said it expects to report a rise in its H1 profit, according to a Hong Kong bourse filing Tuesday.

Shares of the high-precision aluminum and aluminum alloy manufacturer fell over 1% in morning trade Wednesday.

The company is forecasting $225 million to $265 million in net profit for the six months ended June 30, up from $159 million a year prior.

Nanshan Aluminium said it expects to report its results by the end of August.

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