Asia
Mingtai Industrial Q1 Profit Up 60%; Shares Climb 4%
Henan Mingtai Al.Industrial (SHA:601677) posted first-quarter attributable net profit of 702.0 million yuan, up 60% from 378.7 million yuan the previous year.Earnings per share rose to 0.55 yuan from 0.35 yuan, according to a Tuesday filing with the Shanghai bourse.Operating revenue rose 20% year over year to 9.77 billion yuan from 8.12 billion yuan.Shares of the aluminum products manufacturer were up 4% in recent trade.
SHA:601677
