Henan Mingtai Al.Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 10:35 am EDT
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Henan Mingtai Al.Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 16,333.422 million compared to CNY 14,147.624 million a year ago. Operating income was CNY 1,304.204 million compared to CNY 1,213.730 million a year ago. Net income was CNY 1,070.049 million compared to CNY 917.004 million a year ago. Basic earnings per share from continuing operations was CNY 1.82 compared to CNY 1.52 a year ago. Diluted earnings per share from continuing operations was CNY 1.43 compared to CNY 1.51 a year ago.
Henan Mingtai Al Industrial Co Ltd is a China-based company mainly engaged in the aluminum sheet, strip and foil, aluminum profiles and comprehensive utilization of renewable resources. The Company's main products include soft pack battery aluminum foil, electronic foil, checkered plate, commercial vehicle lightweight material, food and drug packaging foil, rail car body profile, aluminum alloy rail car body, new energy battery tray, automotive profile, extruded aluminum for Ultra High Voltage (UHV) transmission equipment Gas Insulated Line (GIL) Pipes, rail vehicle interior parts and other products. The Company's products are mainly used in new energy, new materials, Fifth Generation (5G) communication, pharmaceutical packaging, food packaging, transportation, UHV power transmission, rail car body, military industry and many other fields. The Company distributes its products in domestic market and to overseas markets.
HENAN MINGTAI AL.INDUSTRIAL CO.,LTD. 
