Aluminum of China ( (HK:2600) ) just unveiled an announcement.
Aluminum Corporation of China Limited has announced an estimated profit increase for the first quarter of 2025, with total profits expected to range from RMB6.2 billion to RMB6.7 billion, marking a 30% to 40% increase compared to the previous year. The net profit attributable to shareholders is projected to be between RMB3.4 billion and RMB3.6 billion, reflecting a significant increase of 53% to 63%. This growth is attributed to the company’s strategic efforts in market analysis and cost reduction, leading to enhanced operational results and increased output of major products.
More about Aluminum of China
Aluminum Corporation of China Limited, also known as Chalco, operates in the aluminum industry. It is primarily engaged in the production and sale of aluminum products, focusing on both domestic and international markets.
YTD Price Performance: 1.82%
Average Trading Volume: 10,167
Technical Sentiment Signal: Hold
Current Market Cap: $15.36B
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