Chalco insists on stable production amid epidemic, Q1 net profit grows
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Update time : 2022-04-28 21:32:10
Aluminum Corporation of China Limited (Chalco) reported that its operating income totaled around RMB 75.62 billion in the first quarter of 2022, increasing by 43.62% compared to the same period a year ago. The net profit attributable to shareholders of the listed company was roughly RMB 1.58 billion, a year-on-year hike of 60.52%. The EPS was RMB 0.091, up by 65.34% year on year.
Chalco said that the company stabilized its production and promoted key projects under the influence of the repeated COVID-19 epidemic and large fluctuations in commodity prices.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
