Xingfa Aluminium anticipates strong 2023 profitability
Xingfa Aluminium Holdings anticipates an attributable net profit of at least RMB 780 million for the fiscal year ending December 2023.
This projection marks a significant increase from the approximately RMB 457.8 million profit recorded in 2022, as stated in a filing submitted to the Hong Kong Stock Exchange on March 15, 2023.
The optimistic forecast from the aluminium profiles manufacturer is credited to increased sales orders, as well as a reduction in the provision for impairment loss on trade and other receivables, according to the filing.
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Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines
Leading manufacturer of value-added equipment for the aluminum casthouse
Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals.
October 8-10, 2025 | Bhubaneswar, India
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