Chinalco achieved a profit of 2.051 billion yuan in the first three quarters

       On October 29, Chalco (hereinafter referred to as Chalco) released the third quarter performance report of 2019. According to the report, under the circumstances that the market price of main products fell by 3% ~ 5% year on year and the cost of transformation and upgrading was nearly 1 billion yuan, Chalco achieved 145.7 billion yuan of operating revenue in the first three quarters, an increase of 15.91% year on year; the total profit was 2.051 billion yuan, including 808 million yuan of net profit attributable to the parent company, which has exceeded 90% of the net profit attributable to the parent company in 2018, and continues to maintain a good development trend.

Institutional analysis shows that with the coming of heating season, the implementation of national environmental protection policies will be further strengthened, and the market supply uncertainty of aluminum industry will increase. As a leading enterprise in the industry, Chinalco has accumulated more advantages in industrial layout, green development and other aspects through deepening supply side structural reform in recent years, and the quality and efficiency of development are expected to be further released.