Chinalco H1 Net Profit Reaches 413 Million Yuan

[China Aluminum Network] August 29, On August 26 night, Chinalco reported its H1 net profit reaches 413 million Yuan, decrease 22.24% YOY, earn 0.031 Yuan per share. And Australian government has stopped its bauxite development in Aurukun in June, decrease in value reaches 273 million Yuan, over 60% of H1 net profit.

The report shows operating income of Chinalco H1 2011 reaches 65970 million Yuan, increase 10.36% YOY. It mainly because of external sales  price rise of main products and increase of external sales volume. Also shows due to income on investment and variation of fair value make H1 net profit decrease.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.