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Chalco Books RMB3.6 Billion Asset Impairment for 2025

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Chalco Books RMB3.6 Billion Asset Impairment for 2025

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The latest announcement is out from Aluminum of China ( (HK:2600) ).

Aluminum Corporation of China Limited has approved provisions for asset impairment totaling RMB3.612 billion in its 2025 consolidated financial statements, following a year-end review of indicators under PRC and international accounting standards. The charges, which include net bad debt provisions of RMB87 million, inventory impairment of RMB440 million and long-term asset impairment of RMB3.085 billion, will cut profit before tax by RMB3.612 billion and reduce net profit attributable to shareholders by RMB2.205 billion.

The move is intended to present a more objective picture of the group’s financial position and operating results, and underscores management’s recognition of underperforming or impaired assets on its balance sheet. After recording these impairments, Chalco plans to focus on revitalising and disposing of the affected assets to maximise remaining value, a strategy that may influence future profitability, capital allocation and returns for shareholders.

The most recent analyst rating on (HK:2600) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Aluminum of China stock, see the HK:2600 Stock Forecast page.

More about Aluminum of China

Aluminum Corporation of China Limited, also known as Chalco, operates in the non-ferrous metals industry with a primary focus on aluminum production and related products. Listed in Shanghai and Hong Kong, the company serves both domestic and international markets, and its financial reporting follows PRC Accounting Standards and International Financial Reporting Standards.

YTD Price Performance: -11.18%

Average Trading Volume: 62,462,296

Technical Sentiment Signal: Buy

Current Market Cap: HK$213.9B

For a thorough assessment of 2600 stock, go to TipRanks’ Stock Analysis page.

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