Every AI express, investors ask questions on the investor interaction platform: Hello, will the sharp rise in aluminum prices in the first quarter squeeze the company’s gross profit? What measures does the company take to avoid aluminum price fluctuations? Thank you!
Guangdong Hoshion Aluminium Co.Ltd(002824) ( Guangdong Hoshion Aluminium Co.Ltd(002824) . SZ) said on the investor interaction platform on April 9 that the gross profit margin is affected by many factors such as sales price, material cost and product structure, and the pricing mode of the company’s products is “aluminum ingot price + processing fee”. The proportion of aluminum ingot price in the sales price of deep-processing products with higher process complexity will be lower than that of extruded material products. In addition, the company comprehensively uses price adjustment, hedging and reducing internal operating costs to mitigate the adverse impact of rising raw material prices in its daily operation, so as to ensure the profitability of the company and repay shareholders with better performance.
