Guangdong Haomei New Materials Co., Ltd., an aluminum profiles manufacturer in China, reported that its operating income totaled RMB 5.6 billion in 2021, rising by 62.9% compared to the previous year. The net profit attributable to shareholders reached RMB 139 million in 2021, a year-on-year increase of 20.03%.

The increase in Haomei’s operating income in 2021 was mainly due to the growth in production and sales and higher product prices under the pricing model of “aluminum ingot price + processing fee."

In 2021, Haomei’s aluminum profile output was 250,000 tons, up by 44.9% year on year; the sales totaled around 247,000 tons, rising by 41.8% year on year.