The first quarter net profit of Chinalco is about 967 million yuan, an increase of about 30 times compared with the same period last year.

A few days ago, Chinalco issued a pre-increase announcement on its results for the first quarter of 2021. The data show that according to the company's preliminary estimates, the net profit attributed to shareholders of listed companies is expected to be about 967 million yuan, an increase of about 936 million yuan compared with the same period last year. Year-on-year increase of about 30 times.

The net profit after deducting non-recurring gains and losses belonging to shareholders of listed companies is about 1.288 billion yuan, an increase of about 1.579 billion yuan compared with the same period last year.

Earnings per share: about 0.054 yuan, an increase of about 0.056 yuan compared with the same period last year.

The main reason for the substantial increase in the company's performance is that the company adheres to the market orientation, pays close attention to reducing the cost and increasing efficiency, enhances the competitiveness of the main products through all-factor benchmarking, and seizes the market opportunity in the market environment of high aluminum prices. the gross profit of the company's main products increased significantly compared with the same period last year.