Chalieco to Turn to Profit in 2024

MT Newswires Live

2025/01/27

China Aluminum International Engineering or Chalieco (SHA:601068, HKG:2068) expects an attributable profit of between 170 million yuan and 230 million yuan for the year 2024, compared with an attributable loss of 2.66 billion yuan, a Jan. 24 bourse filing said.

The construction engineering company attributed the improved anticipated results mainly to significant growth in its industrial EPC business, cost reduction and optimization, and a lower impairment loss for the year.

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