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Mingtai Aluminum: Net profit in the first quarter is expected to increase by 48% to 59% year-on-year
Gelonghui, April 8丨Mingtai Aluminum (601677.SH) announcement said that it expects to achieve net profit attributable to shareholders of listed companies of 650 million to 700 million yuan in the first quarter of 2026, representing a year-on-year increase of 48%–59%. The reasons for the performance change: growth in downstream demand has driven steady growth in the production and sales volumes of the core products, with a significant increase in the sales growth rate of high-end products; rising aluminum prices have improved profitability, the company’s advantages in recycled aluminum applications have been strengthened, overseas orders have increased year on year, and its overall competitive advantages and profit margin have expanded.