Nanshan Aluminum's net profit may rise 26% in 2017

Shanghai-listed Shandong Nanshan Aluminum Co (Nanshan) predicts its net profit for 2017 to increase about 19-26% to Yuan 1.56-1.65 billion ($250-260 million ) mainly with the ramp-up in output at its 200,000 tonnes/year aluminum alloy project, according to a company release on January 25.

Shanghai-listed Shandong Nanshan Aluminum Co (Nanshan) predicts its net profit for 2017 to increase about 19-26% to Yuan 1.56-1.65 billion ($250-260 million) mainly with the ramp-up in output at its 200,000 tonnes/year aluminum alloy project, according to a company release on January 25. The increase in net profit was