Cloud Aluminum Co., Ltd.: Net profit decreased by 13.41% year-on-year in 2023. Cloud Aluminum Co., Ltd. has released its annual report for 2023, recording an operating income of 42.669 billion RMB, a decrease of 11.96% year-on-year; the net profit attributable to shareholders was 3.956 billion RMB, down 13.41% year-on-year. During the reporting period, the company's sales expenses were 457.2 million RMB, a decrease of 35.75% year-on-year, mainly due to the reduction in sales expenses in this reporting period as a result of the investment of assets in the strip and foil business into the high-end aluminum segment of China Aluminum at the end of 2022.
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