Chalco Anticipates Up to 94% Increase in 2024 Profit

MT Newswires Live
23 Jan

Aluminum Corp. of China or Chalco (HKG:2600, SHA:601600) expects a net profit attributable to shareholders of around 12 billion yuan and 13 billion yuan for 2024, representing a 79% to 94% year-on-year increase from 6.70 billion yuan in 2023.

The Chinese aluminum giant attributed the forecast to its high operating performance, according to a Thursday filing with the Hong Kong Exchange.

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