Chalco Posts Best Half-Year Earnings in Nine Years in H1 2017

Published: Aug 18, 2017 11:54

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Chalco reported 91.3 billion yuan in revenues in H1 2017, up 83% year-on-year.

SHANGHAI, Aug. 18 (SMM) – Chalco reported 91.3 billion yuan in revenues in H1 2017, up 83% year-on-year.

Chalco Warns of Uncertainties in China Aluminum Market

The company reported 750 million yuan in net profit attributable to parent company, up 10 folds year-on-year, marking the best performance in nine years.

Aluminum Stocks Surge in China Seven Major Markets, SMM Says

Notably, Chalco registered a 1.31 billion yuan year-on-year growth in net profit attributable to parent company after factoring out non-recurring items. This suggests its profitability has improved a lot.

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Chalco

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