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Fujian Minfa Aluminium Inc (002578.SZ)

002578.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fujian Minfa Aluminium sees FY 2017 Q1 net profit up 10 pct to 40 pct
Thursday, 9 Mar 2017 07:28am EST 

Fujian Minfa Aluminium Co Ltd <002578.SZ>: Sees net profit for FY 2017 Q1 up 10 percent to 40 percent, or to be 5.3 million yuan to 6.7 million yuan .Says the net profit of FY 2016 Q1 was 4.8 million yuan.  Full Article

Fujian Minfa Aluminium proposes to pay 10 shares for every 10 shares as 2016 dividend
Monday, 20 Feb 2017 01:55am EST 

Fujian Minfa Aluminium Inc <002578.SZ>:Says it proposed to use additional paid-in capital to distribute 10 new shares for every 10 shares, as the dividend payment plan for 2016.  Full Article

Fujian Minfa Aluminium names Jiang Qiufa as CFO
Friday, 23 Dec 2016 03:02am EST 

Fujian Minfa Aluminium Co., Ltd.<002578.SZ>:Says it names Jiang Qiufa as CFO.  Full Article

Fujian Minfa Aluminium sees 2016 H1 net profit to decrease by 70 pct to 40 pct
Monday, 2 May 2016 08:00pm EDT 

Fujian Minfa Aluminium Co Ltd:Sees 2016 H1 net profit to decrease by 70 pct to 40 pct, or to be 4.5 mln yuan to 9.1 mln yuan.  Full Article

Fujian Minfa Aluminium issues Q1 2016 net profit outlook
Monday, 28 Mar 2016 08:00pm EDT 

Fujian Minfa Aluminium Co Ltd:Sees net profit outlook for Q1 of 2016 to decrease by 70 pct ~ 40 pct, or to be 2.9658 mln yuan to 5.9315 mln yuan.Says the net profit of Q1 of 2015 was 9.8859 mln yuan.Comments that market competition and decreased expense are the main reasons for the forecast.  Full Article

Fujian Minfa Aluminium to dissolve unit
Monday, 28 Mar 2016 08:00pm EDT 

Fujian Minfa Aluminium Co Ltd:Says to dissolve a wholly owned Shanghai-based trading company.  Full Article

Fujian Minfa Aluminium announces no dividend payment for 2015
Monday, 28 Mar 2016 08:00pm EDT 

Fujian Minfa Aluminium Co Ltd:Says the company will pay no dividend to shareholders for 2015.  Full Article

Fujian Minfa Aluminium lowers 2015 net profit outlook
Friday, 29 Jan 2016 07:00pm EST 

Fujian Minfa Aluminium Co Ltd:Sees net profit for 2015 to decrease 50 pct to 30 pct, or to be 17.6392 million yuan to 24.6948 million yuan, compared to net profit of 2014 (35.2783 million yuan).In the previous outlook, the company expected the net profit for 2015 to decrease 30 pct to 0 pct, or to be 24.6948 million yuan to 35.2783 million yuan.2015 reported net profit of 40.46 million yuan – Thomson Reuters I/B/E/S.Comments that recession in real estate market and increased cost are the main reasons for the forecast.  Full Article

Fujian Minfa Aluminium passes review of high-tech enterprise recognition
Sunday, 3 Jan 2016 07:00pm EST 

Fujian Minfa Aluminium Co Ltd:Passed the review of high-tech enterprise recognition.To enjoy a tax preference of 15 pct for three years.  Full Article

Fujian Minfa Aluminium announces shareholding changes
Tuesday, 17 Nov 2015 07:00pm EST 

Fujian Minfa Aluminium Co Ltd:Says Huang Tianhuo the top shareholder of the company to cut stake in the company to 27.86 pct from 32.05 pct.Huang Wenle to raise stake to 7.18 pct and Huang Wenxi to raise stake to 5.05 pct.Changes due to the private placement plan disclosed on Nov. 12.  Full Article

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