Aluminum Corporation of China’s net profit is expected to increase by nearly 90% in 2024, potentially achieving its best historical performance

Recently, Aluminum Corporation of China Limited (hereinafter referred to as “Aluminum”) released its performance forecast for 2024, expecting a net profit of RMB 12 billion to RMB 13 billion for the year, an increase of 79% to 94% compared to the same period last year. This impressive performance data not only demonstrates the strong development momentum of Aluminum Corporation of China in the past year, but also indicates that it may achieve its best operating performance since its establishment in 2024.

In addition to a significant increase in net profit, Aluminum Corporation of China also expects a net profit attributable to shareholders of the listed company after deducting non recurring gains and losses of RMB 11.5 billion to RMB 12.5 billion in 2024, a year-on-year increase of 74% to 89%. Earnings per share are also expected to be between RMB 0.7 and RMB 0.76, an increase of RMB 0.315 to RMB 0.375 compared to the same period last year, with a growth rate of 82% to 97%.

Aluminum (2)
Aluminum Corporation of China stated in the announcement that in 2024, the company will adhere to the ultimate business philosophy, seize market opportunities, fully leverage the advantages of the entire industry chain, and continuously improve operational efficiency and cost control capabilities. Through the strategy of high, stable, and excellent production, the company has successfully achieved significant growth in business performance.

In the past year, the global aluminum market has seen strong demand and stable prices, providing a favorable market environment for China Aluminum Industry. At the same time, the company actively responds to the national call for green, low-carbon, and high-quality development, increases investment in technological innovation and environmental protection, continuously improves product quality and service levels, and further enhances market competitiveness.

In addition, Aluminum Corporation of China also focuses on optimizing and upgrading internal management, achieving dual improvement in production efficiency and operational benefits through refined management and digital transformation. These efforts have not only brought significant economic benefits to the company, but also laid a solid foundation for its sustainable development.


Post time: Feb-09-2025
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