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Shandong Nanshan Aluminum Q1-Q3 Net Profit Up

Monday, Oct 25, 2010
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October 25 -- Shandong Nanshan Aluminium Corporation (600219) recorded a 13.30 percent year-on-year decrease in third quarter net profit attributable to share holders to 209.408 million yuan with earnings per share of 0.11 yuan, according to a company filing.


Operating revenue in the third quarter of 2010 inched up 4.5 percent year-on-year to 2.191 billion yuan.


During the first three quarters of 2010, the company’s net profit attributable to shareholders hit 494.271 million yuan, while operating revenue rose 26.45 percent year-on-year to 6.552 billion yuan.


The company had total assets of 18.51 billion yuan as of the end of September, up 21.01 percent from the end of 2009.


Shares of Shandong Nanshan Aluminium Corporation grew 2.43 percent to close the morning session of 11.36 yuan.

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