China Aluminum: Net profit is expected to increase by 79% to 94% year-on-year in 2024.

On January 23rd, Chinalco announced that it is expected that the net profit in 2024 will be 12 billion yuan to 13 billion yuan, an increase of 79% to 94% year-on-year. It is expected that the net profit excluding non-recurring gains and losses attributable to shareholders of listed companies in 2024 will be 11.50 billion yuan to 12.50 billion yuan, an increase of 74% to 89% year-on-year. Earnings per share were 0.7 yuan to 0.76 yuan, an increase of 0.315 yuan to 0.375 yuan compared with the same period of the previous year, an increase of 82% to 97% year-on-year. In 2024, the company will adhere to the ultimate business philosophy, seize market opportunities, give full play to the advantages of the entire industrial chain, and focus on improving operational efficiency and fine cost control to achieve high and stable production, with the best operating performance since its establishment.