An announcement from Aluminum of China ( (HK:2600) ) is now available.
Aluminum Corporation of China Limited anticipates a significant profit increase for the year 2024, with net profits expected to rise by 79% to 94% compared to the previous year. The company’s projected net profit ranges from RMB12.0 billion to RMB13.0 billion, highlighting a strong financial performance driven by both recurring and non-recurring profit gains, which positions Chalco advantageously in the market.
More about Aluminum of China
Aluminum Corporation of China Limited, also known as Chalco, is a prominent company in the aluminum industry. It primarily focuses on the production and distribution of aluminum and its related products, serving markets that demand high-quality aluminum materials.
YTD Price Performance: 12.55%
Average Trading Volume: 14,061
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.41B
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