Summary by Futu AI
China Aluminum Industry Co., Ltd. (CHALCO) issued interim results pre-announcement on July 11, 2024, expecting net profit attributable to shareholders of listed companies to reach RMB6.5 billion to 7.3 billion yuan in the first half of 2024, an increase of 90% to 114% year-on-year. Net profit after non-recurring losses is expected to be $6.4 billion to $7.2 billion, up 122% to 150% year-on-year. In addition, basic earnings per share are expected to reach $0.379 to $0.426, up 91% to 115% year-over-year. The Company stated that this performance growth was primarily due to improved operating efficiencies and cost control, with no significant uncertainties affecting forecast accuracy. THE COMPANY EMPHASIZES THAT THE PRELIMINARY DATA IS UNAUDITED AND ULTIMATELY BASED ON THE OFFICIALLY DISCLOSED INTERIM REPORT. The members of the Board of Directors include Executive Directors Shi Zhirong, Zhu Runzhou, Oo Sibu, Jiang Tao, Non-Executive Directors Zhang Jilong, Chen Pengjun, and Independent Non-Executive Directors Qiu Guanzhou, Yu Jinsong, and Chen Yuanxiu.