Tianshan Aluminum Reports H1 2024 Financial Results: Revenue Drops, Net Profit Soars 103%

Published: Aug 20, 2024 09:34

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On August 19, Tianshan Aluminum Co., Ltd. released its financial report for the first half of 2024. The company achieved operating revenue of RMB 13.785 billion, a year-on-year decrease of 6.83%; however, its net profit reached RMB 2.074 billion, up 103.45% year-on-year. In terms of production, the company produced 585,400 tonnes of electrolytic aluminum, 1.093 million tonnes of alumina, generated 6.6 billion kWh of electricity, produced 269,000 tonnes of prebaked anodes, 16,000 tonnes of high-purity aluminum, and 6,000 tonnes of aluminum foil in the first half of the year.

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