In the first quarter, the net profit of industrial gas companies increased significantly

Global industrial gas giant Air Products Inc. and Praxair Inc. recently announced their performance reports for the first quarter of this year. Affected by the favorable impact of exchange rate changes and the rapid development of overseas markets, both companies' earnings have shown strong growth in the first quarter.

In the first quarter of this year, Praxair's net profit increased by 20% to 3.18 billion U.S. dollars (excluding pension expenses), earnings per share was 99 cents, and sales revenue increased 22% year-on-year to 2.66 billion U.S. dollars. Profit increased by 23% year-on-year to US$499 million. Praxair said that the main reason is the increase in global industrial gas prices and the company’s cost control plan. Pratt & Company CEO Steve Angel said: “In the first quarter, the company has increased its business in all regions of the world, and its performance in South America and Asia has become even more prominent.”

Air Products' net profit in the first quarter of this year increased by 24% year-on-year to US$270 million (excluding pension expenses), earnings per share reached US$1.23, sales revenue increased by 13% from the same period last year to US$2.6 billion . The reason why the company achieved better results was mainly due to the increase in the sales of industrial gases, electronic products and high-performance materials. The increase in the prices of commercial gases and the changes in exchange rates were beneficial to the company.

Aluminum Die Casting Communication Equipment Parts are a metal forming process in which molten aluminum metal is put under pressure and injected into a die.    
Aluminum weighs 1/3 of a comparable steel part. The Aluminum Parts would cost less to ship due to the weight and spend less expense than other manufacturing processes.

Aluminum Die Casting Communication Equipment Parts are lightweight alloys that have good corrosion resistance, mechanical properties, high thermal and electrical conductivity and strength at high temperatures. Aluminum alloys possess high dimensional stability for complex shapes and thin walls.

Aluminum Die Casting Communication Equipment Parts are efficient and economical and offers a wide range of durable shapes and components. Little or no machining is required after a part is die casted, because the process provides very close tolerances for even complex shapes. Aluminum Die Castings can also be easily plated or finished. Aluminum Die Casting Communication Equipment Parts are dimensionally stable and heat resistant.

Aluminum Die Casting Communication Equipment Parts

Aluminum Die Casting of Communication Equipment Parts, Aluminum Die Casting, Casting parts, Aluminum Casting of Communication Equipment Parts

NINGBO ZHENHAI BOLANG METAL PRODUCT FACTORY , https://www.bldiecasting.com