Mingtai Aluminum: Net profit in the first quarter of 2026 is expected to increase by 48% to 59% year-on-year

2026-04-09 21:01:04

People’s Financial News, April 8 — Mingtai Aluminum ( 601677 ) announced on April 8 that it is expected to achieve a net profit attributable to shareholders of 650 million to 700 million yuan in the first quarter of 2026, a year-on-year increase of 48% to 59%. In the first quarter of 2026, overseas aluminum prices surged significantly, and domestic aluminum prices rose in tandem. The company has sufficient overall orders, a clear competitive advantage in overseas export business, and a large proportion of scrap aluminum resources in raw materials. This expands product competitive advantages and profit margins. As aluminum prices rise, product prices also increase accordingly, effectively enhancing profitability.

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