According to the first quarter report of China Aluminum Industry in 2024, the company's main business income was 48.956 billion yuan, a year-on-year decrease of 26.14%; net profit attributable to equity holders of the parent company was 2.23 billion yuan, a year-on-year increase of 23.01%; net profit excluding non-recurring items was 2.183 billion yuan, a year-on-year increase of 35.61%; debt ratio was 51.61%; investment income was 85.664 million yuan; financial expenses were 697 million yuan; and gross profit margin was 15.34%. China Aluminum Industry (601600) is mainly engaged in the exploration and mining of bauxite, coal and other resources, the production, sales and technical research and development of alumina, primary aluminum and aluminum alloy products, international trade, logistics industry, thermal power and new energy generation, etc.
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