China Zhongwang's 2017 profit jumps 33% on year

Hong Kong-listed China Zhongwang Holdings, China's top aluminum alloy producer and fabricator, achieved a 33.1% year-on-year increase in its 2017 profit to reach Yuan 3.87 billion ($610 million), according to the company's performance report for 2017 released on March 23.

Hong Kong-listed China Zhongwang Holdings, China’s top aluminum alloy producer and fabricator, achieved a 33.1% year-on-year increase in its 2017 profit to reach Yuan 3.87 billion ($610 million), according to the company’s performance report for 2017 released on March 23.The rise in the company’s profit last year was partly