Aluminum of China Expects Up to 73% Rise in H1 Profit
Aluminum of China (SHA:601600, HKG:2600), or Chalco, forecasted first-quarter attributable net profit of between 11.2 billion yuan and 12.2 billion yuan, up between 58% and 73% year on year. The aluminum producer expects basic earnings per share to be between 0.653 yuan and 0.711, according to a Monday filing with the Hong Kong bourse.
Aluminum of China (SHA:601600, HKG:2600), or Chalco, forecasted first-quarter attributable net profit of between 11.2 billion yuan and 12.2 billion yuan, up between 58% and 73% year on year.
The aluminum producer expects basic earnings per share to be between 0.653 yuan and 0.711, according to a Monday filing with the Hong Kong bourse.